The Results Of Nana Addo Is Finally Out; His Grades Will Shock You
His Excellency the President, Nana Addo Dankwa Akuffo Addo, is trending online after a results or assessment of his performance as a President dropped online. The result reflected Nana Addo’s overall performance in all the sectors of the economy.
The grading was done in summary for 20 “sectors”. Nana Addo scored E8 in the management of Ghana’s economy. He scored D7 in his initiative, Planting for foods and jobs. For the exchange rate, he performed abysmally with an F9 grade. Also, he scored B3, D7, D7 and E8 in his flagship project Free SHS, commissioned projects, construction of roads and reduction of fuel prices respectively. Check out the grades for the other sectors.
There has been calls from many citizens that the President must do the Honorable thing of resigning. However, there is no indication that the President will oblige to this call.
The Results Of Nana Addo Is Finally Out; His Grades Will Shock You
One of the main worries of Ghanaians now is the constant depreciation of the Ghanaian currency, Cedi, in the foreign exchange market. Now, it seems that those in charge of maintaining the external balance, have lost control of the management of the exchange rate. And as Bawumia said, “If the fundamentals are weak, the exchange rate will expose you”. From the horse’s own mouth, our fundamentals are weak. Not long ago, the Finance Minister assured Ghanaians that the exchange rate would stabilize and that Ghanaians must not panic. He said that with very calm composure. The Information Minister, Kojo Oppong Nkrumah, also made a similar claim some months ago. Yet, what do we see? A daily appreciation of the dollar against the Cedi and vice versa.
This situation cannot be reversed unless these things are done
- The “solid” Economic Management Team is collapsed
- The President must appoint a new competent Finance Minister
- The government must enforce a fixed exchange regime within the shortest possible time despite its disadvantages.
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