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Tag: Ghana Cedi

Develop a taste for Made-in-Ghana goods to boost cedi – Economist to Ghanaians

Develop a taste for Made-in-Ghana goods to boost cedi – Economist to Ghanaians

Ghana News
Economist, Professor Eric Osei Assibey has called on Ghanaians to develop a taste for locally manufactured goods as a means of stalling the cedi depreciation. According to him, without shifting away from imported goods, the country will continue to lose much needed dollar bills which will drive the demand for the dollar up consequently leading to the cedi depreciating further. Speaking on JoyNews’ PM Express Business Edition, he explained that this is a measure that could be used to stabilize the cedi for a short period while the government implements other policy measures for long term effects. “I think this is the time that all Ghanaians have to realize that we need to shift away from imported products. Immediately we have to begin to look within, our tastes and preferences sho...
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