President Akufo-Addo, speaking to the Ghanaian community in New York, United States of America, has admitted that Ghana is facing economic challenges.
According to him, the “dramatic increase in crude oil prices” and the strengthening of the US dollar have resulted in the present predicament.
He however noted that the Bank of Ghana was doing its best to fight depreciation, so that Ghanaians can enjoy a better standard of living.
Some Ghanaians, reacting to his statement, took to social media to express their opinions:
President Akufo-Addo added that his government will work to find a cure to the situation and future ones.
“It’s a difficult situation, but a difficult situation also require some amount of fortitude and firm action and that’s what we are trying to do at home,” he said
Meanwhile, back in Ghana, Vice President, Dr. Mahamudu Bawumia, has lauded the achievements of the government so far.
Speaking at the fourth National Policy Summit at the University of Development Studies (UDS) in Tamale Monday, Dr Bawumia listed a number of feats he argued would be non-existent without the Akufo-Addo-led administration.
These included the establishment of the Office of the Special Prosecutor and the restoration of training allowances.
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