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General News of Saturday, 17 May 2025

    

Source: www.ghanawebbers.com

“He’s good at theory”: Dr Bawumia gives solutions to restore economic trade

Dr. Bawumia Discusses Trade Stability at IDU Forum

Former Vice President of Ghana, Dr. Mahamudu Bawumia, spoke about economic stability at the International Democratic Union (IDU) forum in Brussels. He shared solutions for restoring stability amid global trade uncertainties.

During the event, he participated in a panel discussion titled "Trade Wars, Tariff Battles and the New Geoeconomic Order: How to Restore Stability." The moderator asked him how trade uncertainties affect economies, especially in Africa.

Dr. Bawumia linked trade imbalances to macroeconomic issues. He stated that tariff adjustments cannot solve these imbalances and noted that history supports this view.

He emphasized the importance of trust in trade negotiations, particularly between the United States and China. He urged global leaders to address mistrust among nations.

After his speech, many social media users reacted to his comments. Some praised his theoretical knowledge but criticized his practical experience as Vice President.

One user remarked that while Dr. Bawumia excels in presentations, he failed to apply his knowledge during his time in office. Another commenter expressed admiration for his intellect but questioned his ability to implement change.

Overall, reactions varied from support to skepticism regarding Dr. Bawumia's insights on trade stability and governance.