Ken Ofori-Atta to speak on measures taken by government to mitigate economic hardships this week
Finance Minister, Ken Ofori-Atta, is expected to communicate key measures and reliefs sanctioned by government to recover the economy later this week, after a crunch three-day Cabinet retreat chaired by President Akufo-Addo.
A press statement issued by the Information Ministry on Monday said the measures include ones that would mitigate the current hardships in the country.
Government held a cabinet meeting over the weekend at Peduase in the Eastern Region to find solutions to the hard economic difficulties, including the persistent rise in the prices of goods and services, rising fuel prices and the growing depreciation of the cedi.
Details on some of the reliefs will include the reopening of land borders, the easing of Covid-19 restrictions, and measures to arrest the depreciating cedi.
“President Akufo-Addo approved a number of far-reaching measures aimed at mitigating the depreciation of the cedi, ensuring expenditure discipline and providing relief in the face of the global fuel price hikes and inflation as well as ensuring that priority programmes meant to grow the economy are protected.
