What ditch dollar drive is all about

193627-01-02

A Russian ruble coin stands with US dollar bills and a one-dollar coin. FILE PHOTO | AFP

Desperate times call for desperate measures. Just like we, Ghana is currently facing the twin problems of serious shortages of dollars and precipitously depreciating currency.

And like we, some Smart Alec within the administration of President Nana Akufo Addo stumbled on a solution not too dissimilar to our idea of buying oil from the Gulf in shillings-namely, the famous oil for credit deal.

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Note: The results are not exact but very close to the actual.