Phasing out 1 and 2 cedis note uneconomical and an attack on our economy."The value is not the same". (Article)
The idea and rationale behind the bank of Ghana to phase out the 1 and 2 cedi notes made in a statement by the governor of BOG is an abracadabra and absurd statement. It doesn't clearly define neither does it reflects the purpose unless BoG has a clandestine agenda against such denominations. The plan is irrational and I see this attempt as exceedingly absurd,blunder and an unfortunate situation that would derail our economy and shoot inflation up.This must be an infantile tales and not a reality in the pipeline.