The governing New Patriotic Party(NPP) has urged Ghanaians to applaud President Nana Akufo-Addo and his government for putting in place measures to deal with the challenges facing the economy.
The country’s economy has been struggling for the past six months with inflation hitting a high of 50.3% coupled with a depreciating cedi making life difficult for a lot of Ghanaians
The cedi which was struggling against the major currencies, especially the dollar(about GH¢15 to $1 ) nearly a month ago, is now appreciating bringing it close to GH¢10 to $1.
The General Secretary of the NPP, Justin Frimpong Kodua addressing a press conference on Wednesday, December 21, 2022, expressed confidence that the measures being implemented by the government will continue to be effective and bring relief to Ghanaians.
“So we ask, if the government can be blamed for the cedi depreciation, why can’t this same government be credited for the appreciation of the cedi? We leave that to the judgment of discerning Ghanaians. We also find it gratifying that owing to the massive appreciation of the cedi, prices of petroleum products at the pump have reduced resulting in a 15.3 reduction in transport fares as announced by transport unions.
