- January 24, 2023
- Posted by: Stratford Team
- Category: Economy
Flagbearer of the All People’s Congress (APC), Dr. Hassan Ayariga, has called on the government to nationalize all mines and ban the use of dollars for transactions in the country.
According to him, this is the solution to strengthening the cedi against the dollar and rescuing the country from the economic crisis.
He noted that the country’s overreliance on the dollar as a store of value and a means of transaction is what has contributed to the weakening of the cedi over the past few months.
He added that should government ban dollar transactions and encourage people to use gold as a store of value rather than the dollar, it would boost the cedi immensely and put a final stop to Ghana’s ritual visit to the IMF.
“If it is the dollar we want to stock, let’s do it this way. Let’s begin to stock gold. If we begin to buy gold and stock gold, I am sure anytime we want to sell the gold, we’ll have value for our money. If it is the value that we are…