Cedi redinomination to blame for rising inflation – IEA

A senior Economist at the Institute of Economic Affairs (IEA), Dr. J. K Kwakye has attributed Ghana’s challenge of controlling inflation to the redenomination of the cedi in 2007. The erstwhile Kufuor administration carried out a cedi redenomination exercise in 2007. Government, at the time said the purpose of the exercise was to address past ... Read Full Story