When The Fundamentals Are Weak It Will Expose You – Dr. Kwabena Duffour Takes Bawumia Down Memory Lane

It is said revenge is best served cold, and that he who laughs last laughs best. Former Governor of Bank of Ghana, Dr. Kwabena Duffour has reminded the vice president Dr. Bawumia on what he said while his party was in opposition and asking why he cannot do better in power

Bawumia is remembered to have jabbed the NDC when they were in power then President, John Mahama that when the fundamentals are weak, they will expose your incompetence. Back then he was talking about the country’s exchange, which was performing poorly against the dollar

And now Dr. Kwabena Duffour who is a known member of the NDC in an interview on GHONE TV reminded the Vice-President of his rhetoric and why he is not doing any better while in power

“There are challenges obviously, look at the cedi for example, when I was in office [2012] you needed 1 cedi 88 pesewas to get a dollar but now you need 6 cedis 20 pesewas to get a dollar. Years ago, Dr Bawumia said when the fundamentals are weak the exchange rate will expose you, the exchange has exposed the government now, meaning the fundamentals are weak by Bawumia’s own explanation,” Dr Duffuor said on GHONE TV.

The founder of HODA Holdings added “the cedi is running and he promised that he will arrest the cedi, where is he, Dr Bawumia the cedi is running arrest it. He also made a point that he had worked at the central bank and that there was soo much money and we didn’t have to go and borrow, what has happened during his term.”

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