Ghana Gold Coin not solution to cedi depreciation – Bokpin

Economist Professor Godfred Bokpin has expressed skepticism about the Ghana Gold Coin’s effectiveness in addressing the cedi's depreciation.

While acknowledging the Bank of Ghana's effort to offer alternatives through this initiative, Bokpin emphasized that it is not a comprehensive solution.

He argued that the core issues, such as fiscal discipline, reducing import dependency, and adding value to exports, remain unaddressed.

Bokpin highlighted that the coin is not a substitute for sound economic management and urged deeper measures to stabilize the cedi and strengthen the economy.

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