{"id":871,"date":"2014-02-19T09:32:53","date_gmt":"2014-02-19T09:32:53","guid":{"rendered":"http:\/\/citi.hatuasolutions.com\/?p=871"},"modified":"2014-02-19T09:32:53","modified_gmt":"2014-02-19T09:32:53","slug":"tackling-corruption-will-save-the-cedi-alan-kyeremanteng","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=871","title":{"rendered":"Tackling corruption will save the cedi \u2013 Alan Kyeremanteng"},"content":{"rendered":"<figure id=\"attachment_771\" aria-describedby=\"caption-attachment-771\" style=\"width: 300px\" class=\"wp-caption alignright\"><a href=\"http:\/\/citi.hatuasolutions.com\/wp-content\/uploads\/2014\/02\/alan-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-771\" alt=\"Alan Kyeremanteng \" src=\"http:\/\/citi.hatuasolutions.com\/wp-content\/uploads\/2014\/02\/alan-2-300x201.jpg\" width=\"300\" height=\"201\" \/><\/a><figcaption id=\"caption-attachment-771\" class=\"wp-caption-text\">Alan Kyeremanteng<\/figcaption><\/figure>\n<p>A flagbearer hopeful of the New Patriotic Party (NPP), Alan Kyeremanteng has identified corruption as one of the causes of the depreciation of the cedi.<\/p>\n<p>He counseled that unless corruption is seriously tackled, the Bank of Ghana\u2019s revised regulations to halt the cedi\u2019s depreciation will not work.<\/p>\n<p>The Bank of Ghana has put in place temporary measures to deal with the dollarization of the economy and the free fall of the cedi.<\/p>\n<p>Mr. Kyeremanteng is however of the opinion that government must first \u201cdeal substantively with the leakages in the system.\u201d<\/p>\n<p>The former Minister of Trade and Industry under the Kufuor administration disclosed a12 point agenda he has developed which he believes could address the issue.<\/p>\n<p>He told<strong> Citi News<\/strong>\u00a0that the un-completion of government contracts is also a contributing factor since huge amounts of funds are pumped into such projects.<\/p>\n<p>Such practices he said \u201cputs pressure on the foreign currency because there is money that is not backed by production which is out in the system.\u201d<\/p>\n<p>By: Efua Idan Osam\/citifmonline.com\/Ghana<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A flagbearer hopeful of the New Patriotic Party (NPP), Alan Kyeremanteng has identified corruption as one of the causes of the depreciation of the cedi. He counseled that unless corruption is seriously tackled, the Bank of Ghana\u2019s revised regulations to halt the cedi\u2019s depreciation will not work. The Bank of Ghana has put in place [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":872,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[5],"tags":[38],"class_list":["post-871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-palaver-newspaper"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/871","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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=871"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}