The Secretary General of the Trades Union Congress (TUC), Dr Yaw-Baah, has said in order to deal with the woes of the Cedi there’s a need to reduce importation.
He said import requires the exchange of the local currency into dollars.
This, he said, strains on the Cedi hence, the need to reduce the import and consumption ore locally produced foods.
In an address to mark this year’s May Day celebration on Wednesday, May 1, he said “If we want our Cedi to be stable we should reduce import and consume what we produce in Ghana.”
Regarding the economic challenges, Dr Yaw Baah stated that it appears there is no light at the end of the tunnel.
“It appears there is no end in sight for the challenges, we were told that an IMF bailout will help but we know that IMF bailout can’t be the solution to the economic hardship…We have a lot to do to protect the workers of Ghana,” he said.
The theme for the celebrations in Ghana is “Elections 2024: The Role of Workers and Social Partners in Securing Peaceful Elections for National Development.”
Ahead of the general elections, Dr Yaw-Baah urged the Electoral Commission to deliver free, fair, and transparent elections.
He also asked the Police and the judiciary to play their roles effectively to ensure credible polls.