The General Secretary of the New Patriotic Party (NPP), Justin Kodua Frimpong, has confidently stated that the NPP possesses the expertise and personnel required to stabilize the Ghanaian cedi amidst ongoing economic challenges.
Speaking on the Kokrokoo Show, Mr Frimpong emphasized the party’s commitment to addressing the depreciation of the cedi, which has been a significant concern for both businesses and the general populace.
“When the cedi started depreciating last year, we were able to put things in place to stabilize it. Even though it has started depreciating again, I can assure you that we have the competent men to deal with it.”
Frimpong outlined the party’s approach, which includes leveraging the skills of seasoned economists and financial experts within the NPP to develop and execute policies aimed at bolstering the cedi.
He highlighted the importance of restoring investor confidence and improving the overall economic climate as critical steps in achieving currency stability.
The General Secretary also pointed to the NPP’s track record, citing previous successes in economic management during their tenure.
He reassured Ghanaians that the party is fully equipped to navigate the current economic challenges and bring about a more stable and prosperous financial landscape.
According to Forbes.com, $1 equals Ghc14.972961 as of June 09.