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Mr. Kojo Oppong Nkrumah, Minister of Information, addressing the media. Image: EDNA ADU-SERWAA
The government accused the parliamentary minority of what it described as a deliberate attempt to use the depreciation of the national currency to project fear on Ghanaians, especially in the business world.
According to Minister of Information, Kojo Oppong Nkrumah, although the country's currency has depreciated in the first quarter of this year, the Bank of Ghana (BoG) and the Ministry of Finance have made efforts in this sense. the Ghana cedi, especially against the US dollar.
Speaking to reporters in Accra yesterday, he said the minority's decision to downplay the country's currency and speculate on fear in the business world "is a little late."
No need to fear
"We've all seen what the Cedi was doing in recent days as it began to gain value because of the government's actions. So, what the minority in Parliament says is only an attempt to dissuade the people, "Nkrumah said.
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He said the government was confident in the coming weeks, the Ghana Cedi would resume its strong position in the global market.
"Nobody has to fear or believe what the minority says. In the past, they projected and said many things that never happened and that were not accurate, "said Nkrumah.
The information minister also called on institutions and individuals to refrain from speculating on a possible fall in the country's currency, which could potentially put people in reserve or rush in search of new currencies.
He also urged the business community to do business with foreign exchange agencies, their operations being monitored by the government.
Ghana first
Mr Nkrumah called on the minority to put Ghana first by renouncing a statement that casts doubt on the country's economy in the eyes of the international community.
He added that it was not necessary for the minority to express negative feelings, as the country was facing economic problems.
"I urge the minority to shut down on behalf of Ghana," Nkrumah said.
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