NPP’s Xmas message to Ghanaians: Economy Is Being Restored … But we are not out of the woods yet

Leadership of the New Patriotic Party (NPP) have called on Ghanaians to exercise patience and have confidence in them, as they take steps to restore the economy back on track.

According to the party, its call is premised on the remedial interventions that the government is embarking on, which is yielding results.

“Finally, we appeal to the Ghanaian populace to be patient and have confidence in the NPP government, especially when its remedial interventions to socio-economic conditions in the country are gradually yielding results.

“We may not be out of the woods yet, but we are definitely on track to restoring our country to the path of sustained growth and prosperity,” he said.

They made the call at a media briefing organised in Accra yesterday.

Explaining why the party is confident that the Akufo-Addo led administration will steer the country’s economy back on track, the General Secretary of the party, Mr Justin Koduah Frimpong, told the media that the remedial measures had already seen the cedi witness significant gains in value in the past two weeks.

Mr Kodua Frimpong said the cedi has appreciated by some 63.7% against the US dollar as at December 15, and said many economic watchers have described this rate of appreciation as an unprecedented feat in the history of the country.

He also observed that, “Owing to the massive appreciation in the value 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.”

The General Secretary again said that despite the lingering impacts of the global pandemic and the Russia-Ukraine war, resulting in the worst global socio-economic crisis, the NPP government, led by President Akuto-Addo, is still able to sustain its ambitious interventions such as the Free SHS and the One District One Factory (1D1F) initiative among others.

“We have also been able to consistently pay salaries on time and have undertaken unprecedented building of roads and railway infrastructure. Even more significantly, we have been able to keep the lights on,” Mr Koduah said.

The General Secretary noted that, although these developments may not entirely address prevailing socioeconomic conditions in the country, he believes strongly that they may offer a sigh of relief to Ghanaians, “especially as we approach the festive season.”

He, however, appealed to all manufacturers and traders to reduce prices of commodities on account of the cedi appreciation, reduction in fuel prices and transport fares.

Meanwhile, Mr Koduah has welcomed the newly elected leadership of the National Democratic Congress (NDC) and indicated the party’s readiness to engage in politics of issues and not propaganda.

“To conclude, the NPP warmly welcomes the new Ieadership of the NDC to the political table…We are also ready to engage them on politics of issues, and NOT propaganda and deceit. We invite them to debate us on the records of good governance to enable the Ghanaian people make an informed decision in 2024,” he said.

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