Finance Minister Condemns Overreliance on Foreign Aid, Warning of Risks to Cedi
- Condemns government's overreliance on foreign aid to support local currency
- Calls approach of depending on IMF, World Bank funds a "lazy man's approach"
- Warns of risks from repayment pressure when loans fall due
- Notes cedi depreciated 6.8% against US dollar in year to March 20, 2024
- Advocates increasing FX earnings and reducing imports to stabilize cedi
