The
Member
of
Parliament
for
Yapei
Kusawgu,
John
Jinapor,
has
urged
the
flagbearer
of
the
New
Patriotic
Party
(NPP),
Dr.
Mahamudu
Bawumia,
to
focus
on
addressing
the
depreciation
of
the
Cedi
to
mitigate
the
rising
fuel
prices
instead
of
calling
for
debates
ahead
of
the
December
elections.
Jinapor’s
comments
come
in
response
to
the
recent
hike
in
the prices
of
petroleum
products.
In
a
recent
interaction
with
journalists,
the
Yapei
Kusawgu
accused
the
government
of
causing
financial
loss
to
the
state
due
to
the
ineffective
implementation
of
the
gold-for-oil
policy,
which
was
intended
to
curb
the
continuous
increase
in
fuel
prices.
“The
managers
of
the
economy
have
to
sit
up.
And
clearly,
the
Bank
of
Ghana
is
losing
it.
While
the
Bank
of
Ghana
is
spending
millions
of
Cedis
and
dollars
on
the
gold-for-oil
programme,
the
currency
is
not
stabilising.
“The
Cedi
is
depreciating,
fuel
prices
are
going
up,
cost
of
living
is
going
up,
and
everybody
is
suffering.
But
worst
of
all,
wages
and
salaries
are
stagnating.
Wages
and
salaries
are
not
going
up.
The
managers
of
the
economy
have
lost
it.
“And
I
think
that
Dr.
Bawumia,
instead
of
calling
for
a
debate,
should
rather
spend
some
time
concentrating
on
managing
the
economy.
He
should
stop
the
unnecessary
call
for
a
debate,
do
his
work
as
the
head
of
the
economic
management
team
and
ensure
that
we
deal
with
the
ever-rising
cost
of
fuel.
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