Entrepreneur, Roland Akosah, says Ghana’s current economic structure is not fit for purpose.

According to him, the high depreciation of the cedi in the past months is merely evidence of the unbalanced and weak economic model the country has been saddled with since 1980.

He noted that while the fad for particularly developing countries in the 1980s was to implement a free market system, most countries like Ghana were not adequately prepared to match the demands of a free market economy.

“Our beloved country was open for business. We were goaded and helped along the way by our international development partners – with ample cash and effusive accolades. In time, every conceivable consumable good would be available on our markets,” he said on the third Joy Change Speakers Series.