The country is seeing stability in the strength of the local currency against the major trading ones, President Nana Addo Dankwa Akufo-Addo has said.
Also, he added, fuel prices have been stabilized due to initiatives such as the Gold for Ol programme.
In his Eid al Adha message on Wednesday, June 28, the President said “I will be remiss if I do not talk about the economic difficulties that beset our country in the wake of the Covid-19 pandemic whose effects have been exacerbated by the Russian invasion of Ukraine. Even so, this government has continued to stand by its major policy commitments.
“We have continued to keep the Zongo Development Fund, we have continued to build new roads and repair older ones, we have continued with the One District One Factory policy and another programme Planting for Food and Jobs.
“The currency has seen some stability lately and through the Gold for Oil programme, we have seen the stability of the prices of petroleum products as well, all of which are bringing inflation down. Things are getting better and will get better, I can assure you.”