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Timely assessment of economy by Dr. Bawumia says Dr. Lord Mensah

Timely assessment of economy by Dr. Bawumia says Dr. Lord Mensah
Prof. Lord Mensah
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By Yvonne Atilego

An Economist and Senior Lecturer at the University of Ghana Business School, Professor Lord Mensah has described the Vice President, Dr. Mahamudu Bawumia’s lecture on the Economy as timely looking at the country’s current economic situation, but lacks measures and strategies to deal with it.

He mentioned some key issues such as high exchange rate, Russian-Ukraine war among others as issues already in the public domain. What is needed therefore are the mechanisms put in place to address these emerging problems.

Professor Mensah noted that though some of the measures have already been announced by the Bank of Ghana, ”it was the duty of the Vice President to tell Ghanaians where the country is with those measures and the yields so far”. He was speaking on the GTV Breakfast Show.

Professor Lord Mensah said the Vice President’s submission on the high deficit and how to plug revenue loopholes is welcoming.

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