{"id":132908,"date":"2015-07-09T09:07:34","date_gmt":"2015-07-09T09:07:34","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=132908"},"modified":"2015-07-09T09:43:02","modified_gmt":"2015-07-09T09:43:02","slug":"workers-demonstrate-over-worsening-economy-photos","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=132908","title":{"rendered":"Workers demonstrate over &#8216;worsening economy&#8217; [Photos]"},"content":{"rendered":"<p>Workers under the Industrial and Commercial Workers Union (ICU) have hit the streets in Tema to protest what they say is the &#8220;worsening living conditions&#8221; in the country.<\/p>\n<p><a href=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/07\/icu-demo-in-tema-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-132920\" src=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/07\/icu-demo-in-tema-2.jpg\" alt=\"icu demo in tema (2)\" width=\"640\" height=\"382\" srcset=\"https:\/\/citifmonline.com\/wp-content\/uploads\/2015\/07\/icu-demo-in-tema-2.jpg 640w, https:\/\/citifmonline.com\/wp-content\/uploads\/2015\/07\/icu-demo-in-tema-2-300x179.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>According to them, \u00a0government has been exploiting Ghanaians through the increases in the prices of petroleum products and increases in utility tariffs, hence their decision to demonstrate.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-132919\" src=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/07\/icu-demo-in-tema-1.jpg\" alt=\"icu demo in tema (1)\" width=\"640\" height=\"382\" srcset=\"https:\/\/citifmonline.com\/wp-content\/uploads\/2015\/07\/icu-demo-in-tema-1.jpg 640w, https:\/\/citifmonline.com\/wp-content\/uploads\/2015\/07\/icu-demo-in-tema-1-300x179.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>\u201cThey have lost the management of the economy, they are no more managing this economy. It&#8217;s is the IMF who is now dictating to us what must happen to us,\u201d the ICU\u2019s General Secretary Solomon Kotei told <strong>Citi News<\/strong>.<\/p>\n<p><a href=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/07\/icu-demo-4.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-132932\" src=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/07\/icu-demo-4.jpg\" alt=\"icu demo  (4)\" width=\"640\" height=\"379\" srcset=\"https:\/\/citifmonline.com\/wp-content\/uploads\/2015\/07\/icu-demo-4.jpg 640w, https:\/\/citifmonline.com\/wp-content\/uploads\/2015\/07\/icu-demo-4-300x178.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>This year alone the cedi has depreciated in excess of 25% against the dollar.<\/p>\n<p>Despite moves by government to save the cedi from further fall, it appears the local currency is still struggling to keep pace with foreign currencies.<\/p>\n<p>The issue has affected general prices of good and services in the country including utility tariffs and petroleum products.<\/p>\n<p><a href=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/07\/icu-demo-3.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-132931\" src=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/07\/icu-demo-3.jpg\" alt=\"icu demo  (3)\" width=\"640\" height=\"378\" srcset=\"https:\/\/citifmonline.com\/wp-content\/uploads\/2015\/07\/icu-demo-3.jpg 640w, https:\/\/citifmonline.com\/wp-content\/uploads\/2015\/07\/icu-demo-3-300x177.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>Many have mounted in previous months pressure on government to help salvage the situation before it get worse because it has adversely affected the nation&#8217;s economy.<\/p>\n<p>However, in its bid to revive the economy and resuscitate the cedi, the Bank of Ghana has assured to inject <span style=\"color: #666699;\"><strong><a style=\"color: #666699;\" href=\"http:\/\/4cd.e16.myftpupload.com\/2015\/06\/26\/bog-to-release-20-million-daily-to-stabilise-cedi\/#sthash.X3FZsdcd.LaL0HPCr.dpbs\" target=\"_blank\">$20 million dollars a day<\/a><\/strong><\/span>\u00a0into the money market to stabilize the cedi.<\/p>\n<p><a href=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/07\/icu-demo-3.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-132931\" src=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/07\/icu-demo-3.jpg\" alt=\"icu demo  (3)\" width=\"640\" height=\"378\" srcset=\"https:\/\/citifmonline.com\/wp-content\/uploads\/2015\/07\/icu-demo-3.jpg 640w, https:\/\/citifmonline.com\/wp-content\/uploads\/2015\/07\/icu-demo-3-300x177.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>Ghana is currently in a programme with the <span style=\"color: #666699;\"><strong><a style=\"color: #666699;\" href=\"http:\/\/4cd.e16.myftpupload.com\/2015\/04\/24\/imf-bailout-govt-to-receive-2nd-tranche-of-bailout-cash-in-july\/\" target=\"_blank\">International Monetary Fund<\/a><\/strong><\/span> (IMF) aimed at saving the Ghanaian economy from further collapse.<\/p>\n<p>But some <span style=\"color: #666699;\"><strong><a style=\"color: #666699;\" href=\"http:\/\/4cd.e16.myftpupload.com\/2015\/04\/07\/imf-cash-will-not-save-cedi-ebo-turkson\/#sthash.9RPGn8nF.dpbs\" target=\"_blank\">economists have cast doubts<\/a><\/strong><\/span> about the impact of the IMF programme on Ghana&#8217;s economy.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/07\/icu-demo-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-132929\" src=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/07\/icu-demo-1.jpg\" alt=\"icu demo  (1)\" width=\"640\" height=\"378\" srcset=\"https:\/\/citifmonline.com\/wp-content\/uploads\/2015\/07\/icu-demo-1.jpg 640w, https:\/\/citifmonline.com\/wp-content\/uploads\/2015\/07\/icu-demo-1-300x177.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>&#8211;<\/p>\n<p>Photos by: \u00a0Elvis Washington\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Workers under the Industrial and Commercial Workers Union (ICU) have hit the streets in Tema to protest what they say is the &#8220;worsening living conditions&#8221; in the country. According to them, \u00a0government has been exploiting Ghanaians through the increases in the prices of petroleum products and increases in utility tariffs, hence their decision to demonstrate. [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":132919,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[],"tags":[43,38],"class_list":["post-132908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-foresight-medical-center","tag-palaver-newspaper"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/132908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=132908"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/132908\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/132919"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=132908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=132908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=132908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}