President John Dramani Mahama has replied to Dr Mahamudu Bawumia the former vice president claiming that the National Democratic Congress (NDC) cannot point out one policy behind the appreciation of the cedi.
According to John Mahama, the recent Cedi appreciation is not about one policy but about effective leadership.
Speaking in a meeting with members of the clergy on Friday, May 23, President Mahama rejected Bawumia’s claim, saying, “Somebody says, point to one policy that you have implemented to make the cedi appreciate, and I said one policy? It’s not about one policy. The answer is effective leadership”.
“With effective leadership, we can turn this economy around and create a better life for our people, and that is what I’m committed to,” the president said.
He further pledged that the cedi gains would be sustained beyond his current term.
“To make sure that by the time we finish these four years, we will set such a standard in government that whichever party or whichever people come into governance cannot reverse the gains that we have made in restoring our people’s confidence in our democracy”, he added.
His comment comes after Dr Mahamudu Bawumia claimed that the National Democratic Congress (NDC) cannot point out one policy behind the appreciation of the cedi.
According to Dr Bawumia, the Mahama-led NDC government has not implemented a policy that could have contributed to the currency’s performance.
Speaking during an interaction with the Young Executive Forum (YEF) in London, Dr Bawumia detailed, “If you are to ask the NDC to point out exactly what policy they have implemented that has resulted in the appreciation of the cedi.
They cannot tell you one that has been implemented, not sort of talked about but actually implemented. They cannot tell you one such policy. They only passed their budget in March. They’ve not even issued any contracts and paid for anything, pretty much.
So you cannot ascribe what is happening to the currency to a policy that they have implemented. There’s no such policy that has been implemented that has had that impact yet,” he said.
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Cedi Appreciation: It’s not about one policy; it is about effective leadership – President Mahama responds to Bawumia’s challenge #JoyNews pic.twitter.com/fDzOHyWNNk
— Joy 99.7 FM (@Joy997FM) May 23, 2025