
Audio By Carbonatix
The Minority National Democratic Congress (NDC) in Parliament has reiterated its call on government and the Bank of Ghana to make a full disclosure of the cost of the redenomination exercise to enable Ghanaians determine whether or not the decision is the wisest considering the country’s limited resources.Addressing the press in Parliament on Friday, the MP for Lawra-Nandom and Minority Spokesperson on Finance, Dr Benjamin Kumbuor said even though the new Ghana cedi will be introduced next Tuesday, it wants to put on record its displeasure at government’s failure to tell Ghanaians how much of their money is being used for the exercise.Later in an interview with Joy News’ Araba Koomson, he said they would support the policy on condition that there are deeper aspects of economic benefits to be accrued by the country beyond administrative inconveniences.“As Parliamentarians we are accountable to the people of this country and it is normally not a fair situation to wait till something happens before you begin to talk about it…even if it was an hour to the exercise taking effect we still want to register our concerns to the people of this country.”Dr Kumbuor said the NDC has strong feeling that the exercise is being financed from the Consolidated Fund.He said: “I am not sure any individual is going to fund this. Even if the Bank of Ghana is going to fund this, the Bank of Ghana is a public institution…that is regulated by law. These expenditures are certainly of public interest even if it is not coming from the Consolidated Fund.”
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
I didn’t abandon my client; I travelled for my daughter’s graduation – Atta Akyea
18 minutes -
Wontumi chose trial over plea bargain – Deputy AG rejects NPP’s ‘political prisoner’ claim
29 minutes -
2 persons arrested for illegal mining activities close to Agenda 111 Hospital
34 minutes -
Prof. Ladé Wosornu mentors SATOC students at maiden edition of SAMP
37 minutes -
As AI reshapes education, Ghana’s future teachers are being told what technology cannot replace
39 minutes -
Wontumi appeal to challenge over 20 legal errors, including constitutional breaches – Atta Akyea
40 minutes -
BoG warns of regulatory action against Unlicensed Digital Credit Service Providers
42 minutes -
I will eventually switch from reggae and dancehall to highlife – Sugar Ranking
51 minutes -
Wontumi’s lawyers only sought an adjournment, not to move motions – Deputy AG
56 minutes -
No legal basis for Wontumi’s conviction – Atta Akyea fights back
1 hour -
Miracles Aboagye disputes GH¢55m claim in EOCO probe
1 hour -
Kenneth Ashigbey denies influencing Wontumi trial, dismisses judge relationship claims as false
1 hour -
Egyapa Mercer offers free 2026 BECE result checking support for Sekondi constituents
2 hours -
Judges are not obliged to refer every constitutional claim to Supreme Court – Srem-Sai replies Minority
2 hours -
I was shocked to find my name on EOCO’s stop list – Miracles Aboagye
2 hours