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General News on Thursday, March 21, 2019
Source: 3news.com
2019-03-21
play the videoKojo Oppong-Nkrumah, Minister of Information
Information Minister Kojo Oppong-Nkrumah said the minority's press conference on the economy and cedi's performance should have been made earlier, as the government has already taken steps to redress the situation.
Speaking to the media on Wednesday, March 20, 2019, after the minority conference, Oppong-Nkrumah said that the minority did not provide any new information on the economy and that the issues raised were already known to the people. Ghanaians.
"The essence of their presentation today is essentially that the cedi has depreciated and investors are attacking a positive point. This is already an observation. The government has already worked to remedy the situation.
"The Bank of Ghana has defined short-term measures, the Minister of Finance has presented medium-term measures and today, you begin to witness the gradual recovery of the cedi."
According to the Minister of Information, the performance of cedis against the dollar has improved and plans are planned to further stabilize the cedi in the coming days.
"The cedi is gradually making a comeback and this minority is trying to take political action very late in the day," Oppong-Nkrumah said.
Impact of the minority press conference
The minority led by Cbadiel Ato Forson, a member of the European Parliament's Finance Committee, held a press conference during which the government was accused of mismanaging the economy.
They charged the government to present a new budget to Parliament because they do not respect the one presented previously.
According to the minority, the economy has been disrupted and the forecasts governing it are contained in the 2019 budget presented to Parliament.
The concern expressed about the depreciation of the cedi, claiming that it has had adverse consequences on the country's businesses.
But, reacting to the minority press conference, Oppong-Nkrumah badured that the government was working to make the cedi stable and businesses prosper in the country.
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