The Alliance for Accountable Governance (AFAG), have suggested eight point resolutions to the government regarding the current state of the economy and how it should be handled.
The group bemoaned the rapid fall of the Ghanaian cedi against the dollar, blaming the racketeers within the financial page.
“Some forex restrictions targeted at persons undermining the system from the central bank through the commercial banks to the unlicensed forex operators”‘
“Investigate the banks and prosecute officials engaged in forex trading, impose import restrictions on selected items and engage multinational companies, business ventures contributing to the capital flight”.
Below are the eight point resolutions submitted by AFAG to President Akufo-Addo.
1. The minister of Finance and the Minister of State at the Ministry, Ken Ofori-Attah and Charles Adu Boahen must be resigned
2. Some Forex restriction targeted at persons undermining the system, from the central bank through the commercial banks to the unlicensed forex operators
3. Investigate the banks and prosecute officials engaged in forex trading
4. Impose import restriction on selected items
5. Engaging multinational companies and business venture contributing to the capital flight
6. Restricting the forex export to a certain level, at least in the next six months.
7. Ensuring traders who export US dollars from Ghana annually have imported about an equal amount to the country.
8. Encourage Ghanaians to understand why the current rates are artificial and how they will trade at a loss when the market settles, and the cedi benchmark to the US dollar at its real value
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