Dr. Hassan Ayariga, founder and leader of the All People’s Congress (APC), has criticized Bank of Ghana officials for their role in the devaluation of the cedi.
The ongoing decline of the cedi has many Ghanaians, particularly importers and exporters, quite upset. There are now more than 10 cedi to a dollar.
During an appearance on Oyerepa Breakfast Time on September 20th, Hassan Ayariga said that the country’s central bank was to blame for the cedi’s recent decline.
“The Bank of Ghana gives dollars to the people operating foreign exchange bureaus and black markets. The people at the BoG, they themselves are corrupt. ” He fumed.
The APC candidate for president in 2020 has categorically promised to shut down all foreign exchange businesses and eliminate the black market if he is elected.
“How many foreigners come to Ghana so that they can give you ten million dollars? When Nigeria started dealing with its dollar issue, all the Nigerian businessmen were running to Ghana for dollars. That is the reason some airline tickets have gone up. That is what is destroying our country. ” He told Kwesi Parker Wilson, the host of the show,
He said the government had no say over the value of the dollar and warned Vice President Dr. Mahamudu Bawumia to wake up or give up on a run for the presidency.