Money dont like noise, Sika mp dede Akufo-Addo blame cedi depreciation on social media spec

President of Ghana has blamed the depreciation of the cedi on social media speculations as he says sika mp dede. The President addressed the nation on Sunday evening about economic crisis in the country and measures to save the economy.

Akufo-Addo says “sika mpɛ dede” as he blames depreciation of the cedi on social media speculations.

President of Ghana has blamed the depreciation of the cedi on social media speculations as he says “sika mpɛ dede”.

The President addressed the nation on Sunday evening about economic crisis in the country and measures to save the economy.

In the address, he blamed the cedi depreciation on a WhatsApp voice note that went viral.

An anonymous two-minute audio message on a WhatsApp platform predicting a so-called haircut on Government bonds sent all of us into banks and forex bureaus to dump our cedis, and, before we knew it, the cedi had depreciated further.

— Nana Akufo-Addo (@NAkufoAddo) October 30, 2022

President Akufo-Addo said money doesn’t like noise so when you talk down your money, it goes down so Ghanaians should stop talking down the cedi.

Fellow Ghanaians, as the French would say, l’argent n’aime pas le bruit, to wit, money does not like noise, sika mpɛ dede. Where there is chaos, where there is noise, where there is unrest, you will not find money. #HopeForGhanaEconomy #ResolvingTogether pic.twitter.com/Ep5XoMbccp

— Nana Akufo-Addo (@NAkufoAddo) October 31, 2022

Below are excerpts of President Akufo-Addo’s address.

Excerpts of my address to the nation on the economy. #HopeForGhanaEconomy #ResolvingTogether pic.twitter.com/dNizOnQlWl

— Nana Akufo-Addo (@NAkufoAddo) October 30, 2022

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