“Since Jan 1, 2020, the Ghana’s #cedi has devalued by a shocking 42.3% against the USD. Presently, Ghanaians are closing organizations down in fight.

“At the point when will Pres. Akufo-Addo learn? Ghana MUST mothball its national bank and introduce a money board!” Prof Steve Hanke’s tweet said.

itOn his expansion dashboard, Ghana was poisoned sixth in light of the fact that the country’s expansion has increased twice the authority expansion rate by the Statistical Service of 32%.

“Ghana is in sixth spot in the current week’s expansion table. On August 18, I estimated Ghana’s #inflation at a dazzling 77%/yr-more than 2x the authority expansion pace of 32%/yr. To stop its financial passing twisting, GHA should introduce the Central Bank and introduce a #CurrencyBoard,” Prof Hanke added.