Times are hard but govt is working to resolve the issues – Majority Chief Whip
Majority Chief Whip, Habib Iddrisu has assured the people of Ghana that the Akufo-Addo administration is working hard to ameliorate the economic hardships they are going through.
He indicated that Ghana is not the only country going through troubles at this time.
“I do agree that times are hard but this government is working hard to resolve [the issues]. There is no country that is not facing economic challenges.
“Even the developed countries, UK, the Prime Minister resigned because of the economic challenges, they can’t manage, the Finance Minister is gone,” he said on the New Day show with Johnnie Hughes on TV3 Tuesday October 25.
President Akufo-Addo has also said the difficult situation Ghanaians are saddled with presently will be over soo.
He appealed to the people of Ghana to have faith in him to tackle the challenges facing the country.
He said at the St Mark Anglican Church at Kyebi in the Eastern Region as part of his three-day tour of the region on Sunday October 23 that “I know the challenges Ghanaians are facing, I appeal to you to have faith in me to solve the challenges, this too shall pass.”
As part of measures to deal with the challenges, Information Minister Kojo Oppong Nkrumah has announced that the Governor of the Bank of Ghana (BoG), Dr Ernest Addison will be meeting Managing Directors of Banks and some forex bureaux.
This is also part of efforts to halt overpricing
Mr Oppong Nkrumah said these at a press conference on Monday October 24.
“The Bank of Ghana will be meeting the Managing Director of some of the Banks and the heads of the forex bureau association to hold discussions aimed at ensuring that the supply of forex on the market is stabilized and the overpricing is halted so that, those who need forex for business get it without hindrances at the banking halls as against rates on the black market or some other quarters,” he said.
He added “We will also be looking at long-lasting measures to ensure that forex rate is stabilized in the country, even as we expect a lot more inflow of forex following the completion of the syndication of the COCOBOD transaction loan.
“The Economic Management Team (EMT) is also meeting to appraise itself on some of the recommendations as we get closer to the end of the year. On Thursday, Cabinet itself will be meeting to receive what has gone through the EMT and updates from the IMF negotiation so that some decisions will be made and then update the country on the next step forward.”
source: 3news.com
