June 14, 2024
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President Akufo-Addo to address nation on Economic challenges

President Nana Addo Dankwa Akufo-Addo is scheduled to address the nation on the state of the economy on Sunday, October 30, 2022.

This follows the President’s engagement with stakeholder and interest groups within the Ghanaian economy the last couple of days.

Ghana is currently facing an economic crisis. Its currency – the cedi – has lost 52% of its value against the US dollar since the beginning of the year and annual inflation has climbed above 37 per cent.

The country is also negotiating a $3bn (£2.6bn) bailout with the International Monetary Fund which it hopes will grant it access to the international capital markets.

Story by radiotamaleonline.com

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