Businessman abroad comes face to face with Akufo-Addo, questions him about cedi depreciation - News Summed Up

Businessman abroad comes face to face with Akufo-Addo, questions him about cedi depreciation


“Because of the cedi depreciation, we don’t see all your good works,” he mentioned. I started business in America in 2008. Meanwhile, Finance Minister Ken Ofori-Atta says the government is to set up a bipartisan committee to investigate the depreciation of the cedi in recent times. Addressing Parliament, Mr. Ofori-Atta said “Mr Speaker, the President has directed that I investigate the structural causes for the depreciation of the cedi and to propose measures to address the situation. The cedi has depreciated against the dollar from GHc 4.9 to over GHc 5.5 since the turn of the year.


Source: GhanaWeb April 02, 2019 12:11 UTC



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