Joseph Mensah

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Joseph Mensah

Joseph Mensah

@HonJM_Safety

Petroleum Engineering , Socialist Politics, humanitarian, Farming, Data analyst, Energy sustainability and management, Occupational Health and Safety, SDGs

Ghana, Western, Agona nkwanta Beigetreten Haziran 2018
502 Folgt497 Follower
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Joseph Mensah
Joseph Mensah@HonJM_Safety·
Do good to all manner of persons and do your best to be part of the success stories of anyone that crosses your path, as to how they pay you back, leave that to posterity and to their own conscience!!!
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MrOpare
MrOpare@mista_opare·
As you head to church this morning, don’t forget to lift up a sincere prayer for @DrJPAsiama and his team at BoG, that God continues to grant him wisdom, strength and clarity to build on the stability, confidence, and economic progress achieved over the past year. From inheriting an economy many feared was on the brink, steady leadership and sound stewardship has helped restore hope. May divine guidance continue to lead every decision for Ghana’s economic transformation and national prosperity. #AbanPapaAba
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Pablo ✌️
Pablo ✌️@georgeoaddo·
Highlights from the launch of the SEED Programme by the National Entrepreneurship and Innovation Programme (NEIP) on April 30, 2026. SEED is a bold initiative led by His Excellency President John Dramani Mahama, aimed at empowering tertiary students and recent graduates to become business owners and job creators. We are grateful to our esteemed Vice President, HE Professor Jane Naana Opoku-Agyemang for joining us for this historic event. #YouthPower #JobsForYoungPeople
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Okai Mintah
Okai Mintah@okai_mintah·
On Thursday, the Board of the Ghana @_nsagh paid a courtesy call on the Volta Regional Minister, @jamesgunu1 Gunu, following a board meeting held in the region. The visit provided an opportunity to discuss ways of strengthening collaboration between the Authority and regional leadership in support of youth development and service delivery. While in Ho (Oxygen City), the Board also undertook an inspection tour of some of the Authority's farms, gaining firsthand insight into the contributions of service personnel to agricultural development in the area. In a further show of commitment to the region's youth, the Board and Management of National Service Authority donated GHS 50,000 to the VOLTA YOUTH DEVELOPMENT Fund. Hon. James Gunu warmly received the gesture and expressed his administration's readiness to partner with the NSA in driving grassroots development across the Volta Region.
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MrOpare
MrOpare@mista_opare·
The appreciation of the CEDI stemmed from the sterilization effort of the Bank to mop excess liquidity as well as the aggressive DGPP programme to build the Country’s reserve assets. From the narrative being put out there by Dr Gideon Boako, it’s become more clear how poorly his government and the central bank managed things then. The OCI is a representation of the mess that was created in the FX market by his government and the governor then. #AbanPapaAba
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Joseph Mensah
Joseph Mensah@HonJM_Safety·
BoG’s 2025 loss of GHS15.6 billion is the cost of economic stability, hence justified- Professor Festus Ebo Turkson, Economics Department, University of Ghana
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Joseph Mensah
Joseph Mensah@HonJM_Safety·
Ignore the noise. Look at the numbers: Stability is returning.
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Joseph Mensah
Joseph Mensah@HonJM_Safety·
Strong reserves + strong cash flow + declining inflation = a central bank on the right path.
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Joseph Mensah
Joseph Mensah@HonJM_Safety·
Inflation above 50% → now trending downward..That didn’t happen by magic, it is policy working.
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Joseph Mensah
Joseph Mensah@HonJM_Safety·
Bank of Ghana has stopped printing money for government (zero financing policy).That is serious reform.
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Joseph Mensah
Joseph Mensah@HonJM_Safety·
Under the administration of the NPP: crisis, inflation, instability. 2025: discipline, recovery, and control.
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Joseph Mensah
Joseph Mensah@HonJM_Safety·
Central banks don’t exist to make profit. They exist to control inflation, stabilize currency, and protect the economy.
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Joseph Mensah
Joseph Mensah@HonJM_Safety·
A GH¢15.3bn loss driven by exchange rate adjustments is not failure—it is the cost of stabilizing the economy.
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Joseph Mensah
Joseph Mensah@HonJM_Safety·
The cedi moved from GH¢6 to over GH¢18/$ under the administration of the NPP. Today, it is far more stable around GH¢12–13/$.
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Joseph Mensah
Joseph Mensah@HonJM_Safety·
Under the administration of the NPP, inflation hit 54%+. Today, it is declining steadily toward single digits. That is real progress.
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Joseph Mensah
Joseph Mensah@HonJM_Safety·
Everyone is shouting “losses,” but ignores this: Bank of Ghana generated GH¢41.3bn in cash flow and holds GH¢45.1bn in reserves.*That is strength, not collapse.
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Joseph Mensah
Joseph Mensah@HonJM_Safety·
And if their actions are not frivolous and vexatious, what alternative conclusion can be drawn? We are discussing a bank that has ensured excess liquidity to the extent of reducing interest rates to enable more individuals to borrow, and you think it's comparable to a bank that incurred approximately Ghc60 billion in losses yet haircut the investments of pensioners? That's amusing.
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MrOpare
MrOpare@mista_opare·
Governor @DrJPAsiama and his team at the BoG incurred losses to stabilise the then ailing economy the useless Bawumia and his NPP bequeathed to us to bring economic relief to all of us. Don’t fall for any propaganda, the losses under this administration isn’t the same as their GHC 60 billion losses😂🫵🏽…#AbanPapaAba
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Joseph Mensah
Joseph Mensah@HonJM_Safety·
On the issue of the Central Bank - Bank of Ghana. I assume the NPP does not comprehend the distinction between reasonable and unreasonable losses. A bank that has ensured the stability of our microeconomic indicators under the current government warrants accolades.
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MrOpare
MrOpare@mista_opare·
The Bank of Ghana has mandatorily released its 2025 annual results today and already there are claims from our people on the other side that the bank is has made huge losses due to mismanagement. Here is what the numbers actually say and what they leave out. First, what your money paid for: i. Inflation: 23.8% down to 3.2% ii. Cedi: lost 19% in 2024, then gained 41% in 2025, named the strongest emerging market currency in the world iii. Reserves: $9.1B up to $14.5B (highest in Ghana's history) iv. Lending rate: 35.6% down to 19.2% v. GDP growth: 6.5% against a projected 4% All the above did not just happen by accident. To bring inflation from 23.8% down to 3.2%, @DrJPAsiama and his team at BoG had to absorb excess money from the banking system by issuing short-term bills and paying interest on them. When the previous regime in 2024 spent GH¢8.6 billion, inflation barely moved. In 2025, GH¢16.7 billion was spent to mop up excess liquidity with a resulting effect of Inflation falling by 18 percentage points. The intervention has been bigger, so as the results. Today, inflation is just at 3.2%, this is clear relief to the Ghanaian people. #AbanPapaAba
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