The nation will likely hear from President Nana Addo Dankwa Akufo-Addo as he discusses the health of the economy.
At 8 o’clock on Sunday, October 30, 2022, the address will be given.
This occurs in the midst of calls for the Finance Minister’s resignation, the cedi’s sharp depreciation, significant inflation, and an overall rise in the cost of living for Ghanaians.
It has been under tremendous pressure in recent months for the Ghana cedi to reach a record high of GH16 to the dollar before declining to GH13.70 as of October 27, 2022.
Inflation for September was similarly 37.2%, with some categories, including food and gasoline, seeing increases of more than 70% year over year.
Fuel prices have shot up astronomically to sell at above GH¢17 at some fuel pumps.