The Cedi’s sharp decline is disturbing, and many businessmen are unhappy. President Akufo Addo, on the other hand, has reassured all Ghanaians that every effort is being taken to arrest the Cedi.
In a statement, President Akufo Addo said: “I am aware of the anxiety there is in business circles and throughout the population about the recent depreciation in the cedi.
I am extremely upset and anxious about it too. But I want to assure you that, all efforts are being made to arrest the decline and restore the cedi to stability to improve the competitiveness of the Ghanaian industry and I think very soon, we will get results”.
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