- Cheddar advocates for local currency production
- He aims to cut costs by eliminating the need for expensive imported packaged goods
- The plan is expected to stimulate local production
Nana Kwame Bediako, popularly known as Cheddar and the leader of The New Force, has revealed an ambitious strategy to revitalize Ghana’s economy.
In his newly launched manifesto, “12 Pillars For Economic Freedom,” Cheddar outlined his vision for economic self-sufficiency, questioning the necessity of outsourcing the printing of Ghanaian currency to foreign entities such as England, Switzerland, or DeLaRue.
He argued that localizing currency production could spur industrialization and bolster economic growth.
“We are going to print money here at home,” Cheddar asserted, emphasizing his commitment to fostering a more independent and self-reliant economy. He also highlighted the importance of reducing dependence on imported goods, noting, “We don’t need to go elsewhere to buy food and bring it here.”
Cheddar criticized the current system of importing overpriced packaged goods, stating, “We don’t need to pay seven times the taxes for products already available in our country just because they are packaged.” He advocated for local production and job creation, pledging, “That stops now. We are going to create it here, leveraging our increased reserves and cash resources.”
Cheddar expressed confidence in Ghana’s capability to drive its own economic advancement and development, positioning his plan as a significant step toward achieving true economic freedom.
