ADVERTISEMENT
  • Home
  • News
  • Showbiz
  • Sports
  • World
YawaNews
  • Home
  • News
  • Showbiz
  • Sports
  • World
No Result
View All Result
  • Home
  • News
  • Showbiz
  • Sports
  • World
No Result
View All Result
YawaNews
No Result
View All Result
Home Headline

“No, we have not arrested the cedi, the man who arrested it is out there” – Adongo mocks Bawumia

May 15, 2025
in Headline, News, Top Story
“No, we have not arrested the cedi, the man who arrested it is out there” – Adongo mocks Bawumia

Isaac Adongo and Dr Bawumia

0
SHARES
Share on FacebookShare on Twitter

Isaac Adongo, a Board Member of the Bank of Ghana has once again mocked the former vice president Dr Mahamudu Bawumia over his famous comment of arresting the cedi.

ADVERTISEMENT

The member of parliament asserted that the NDC government has not arrested the cedi and the man who claimed to arrest the cedi is out there.

According to Isaac Adongo, they are gradually massaging the cedi to find its true level.

RelatedPosts

He lives like an Arabian king but what successful prosecution has he secured – OSP quizzed

Stabilizing cedi at GH₵10–12 right approach – Prof Bokpin

We are asking Ghanaians to make some sacrifices to keep the power on – Vanderpuye

Speaking on JOYNEWS Isaac Adongo detailed, “What is happening else is an intentional policy implementation, and it is a complementary effort from the Ministry of Finance and the central bank. The central bank is doing its bit, and government, under the leadership of the Finance Minister Dr Cassiel Ato Forson, is also doing its bit, so the two of them are collaborating.”

“This is an initial remedy to give Ghanaians some relief, whilst the fruit that we really want to bear is to tackle head-on food inflation,” Hon Adongo added.

He added, “No, we have not arrested the cedi. The man who arrested it is out there,”

“What is happening to the cedi now is that we are gradually massaging it to find its true level.”

“We are trying to let them know: ‘Hey, we are in Ghana now. Akufo-Addo is gone… Bawumia is gone. It is now Ato Forson and John Mahama. If you misbehave, we’ll deal with you.’ And they are beginning to say, ‘Yes sir, yes sir.’ That’s what we are doing”

“What we are looking for is stability, not a quantum jump of the cedi from ¢15 cedis to ¢3. What we are doing now is to get the cedi to find the level that supports the economy,” Isaac Adongo indicated.

Meanwhile, Bloomberg reports the Ghana cedi has appreciated since the beginning of April, appreciating by a remarkable 16%.

As of May 15, 2025, the cedi is trading at GH¢12.45 to the dollar.

Watch the video below:

 

Tags: cedicedi appreciationIsaac AdongoMahamudu Bawumia
ShareTweetPin
Previous Post

No one in NDC has the balls to tell President Mahama to fire Sammy Gyamfi – Dr Zaato

Next Post

NPP want credit for cedi stability but forgets they were the architects of the collapse – Fifi Kwetey

Next Post
NPP burnt the house, now want applause for showing up with a cup of water – Fifi Kwetey

NPP want credit for cedi stability but forgets they were the architects of the collapse – Fifi Kwetey

Recent Posts

  • He lives like an Arabian king but what successful prosecution has he secured – OSP quizzed
  • Stabilizing cedi at GH₵10–12 right approach – Prof Bokpin
  • We are asking Ghanaians to make some sacrifices to keep the power on – Vanderpuye
  • ‘Fugitive’ Ken Ofori-Atta listed on INTERPOL red notice
  • “I didn’t expect you to attack me!” – Afenyo-Markin ‘cries’ over Muntaka ‘spoilt child’ jab

Recent Comments

No comments to show.
  • Email: YawaNewsgh@gmail.com
  • Contact Us
  • About Us
  • Privacy Policy
  • SiteMap
WhatsApp ONLY : +233 20 241 7018

© 2024 YawaNews

No Result
View All Result
  • Home
  • News
  • Showbiz
  • Sports
  • World

© 2024 YawaNews