Ghana has expressed concern at the alleged misintepration of the
performance of the local economy by some international media houses.
It cited British news agency, Reuters, as well as Financial Times,
another British publication of misrepresenting the facts to create the
impression that the economy was the worst performing in the world,
following the country's decision to seek assistance from the
International Monetary Fund (IMF).
The Minister of Communications, Edward Omane Boamah, said the
government was particularly unenthused by suggestions that the Ghana
cedi had fallen by 40 percent this year, insisting the cedi has fallen
by 22,9 percent instead.
“According to the Bank of Ghana, the cedi traded at 2,34 against the
US dollar in January 2014, and as of Friday 1st August, 2014, it stood
at 3,035 to the US dollar, reflecting a cumulative depreciation of 22,9
percent over the period,” the statement clarified.
Government assured all journalists, both local and international,
that the government’s doors were always open for them to fact-check
their stories with relevant sector ministries before they publish them.
"This would do as much good for their reputation as it would the
quality of discourse that often relies on their stories," Boamah said.
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