Ghana: Drop in World Market Prices of Oil Should Not Affect Economy - Kwarteng

The New Patriotic Party Member of Parliament for Obuasi West, Mr. Kwaku Kwarteng, has debunked the assertion that the fall in world market prices of oil have adverse effect on the economy.

According to him, Ghana as a net importer of petroleum will not lose if the world market price falls and that the assertion that the drop in oil prices affects the economy is not true. He said: "The suggestion that when oil prices falls it hurts our economy, is a dishonest one. Ghana is a net importer of petroleum."

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