President Akufo-Addo is formally addressing the Ghanaian citizenry on the true state of the economy, which is reported to be in tatters.
He is expected to further elaborate the current challenges, causative agents and what is being done to resolve the challenges.
Ghanaians have been hit with increased prices in fuel products and transport fares as the cedi finds its feet among world trading currencies.
Due to the many issues, some Ghanaians have called for the sacking of Finance Minister, Ken Ofori-Atta, who is mandated to oversee to the smooth running of the economy. President Akufo-Addo is however yet to give into the demands.
It is expected that he will provide further justification as to why Mr Ofori-Atta remains at post.