Alan Kyerematen, the Movement for Change’s founder and leader, has declared that he is capable of handling the currency rate issue.
Compared to Dr. Mahamudu Bawumia of the New Patriotic Party (NPP) and John Dramani Mahama of the National Democratic Congress, he feels he is the most qualified candidate to restore the value of the cedi.
The supply and demand of foreign exchange determine the value of the cedi. Other than producing and exporting, there is no other option. You won’t get funds into the system if you don’t create and export that, but when was the last time you heard a head of state discuss this? Thus, it has been a long-standing systemic failure, he clarified.
“So between Alan, ex-President Mahama, and Dr Bawumia, if it’s production and exports that would revive the cedi, who among the three of us can do that? If we have made that mistake all these years and now need someone who can do this, then it is Alan who can do that,” he stated confidently.
Alan Kyeremanten also urged Ghanaians to shift their focus from unfulfilled manifesto promises to a national development plan.
Alan Kyeremanten stated that a government under the Movement for Change would prioritize significant constitutional reform.
“When you listen to the majority, they say when the NDC and NPP are in government, it is a winner-take-all situation. If one party assumes office for eight years and you are not part of the party, then you are not part of the government. So the intelligence of many Ghanaians is disregarded in the governance of the country because it is winner-takes-all.
“If these two parties are in government, they work on projects, either good or bad, even if the other had already started the same… If there is no continuity, how do we move forward… Ghanaians are tired; they want a plan, not promises.”
I am the only one who can restore the Cedi – Alan Kyeremanten
“So we want to move Ghana beyond the manifesto promises. We want a national plan where Ghanaians are aware of where the country is headed. For the next 30 to 50 years, every party that assumes office would continue with whatever they meet,” he stated.
Mr Kyerematen proposed these measures to restore the cedi’s value during his Eastern Regional tour on Monday, 3rd June.