The President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo has finally broken his silence on the state of the Ghanaian economy.
Among other things, he outlined the challenges that landed Ghana in the current economic state and followed up with some measures that his government was pursuing in order to reverse the slump and reset the economy on the path of growth.
READ ALSO :South Korea Halloween stampede: Crush kills at least 151 in Seoul (video)
He dedicated quite sometime to the issue of the currency depreciation and in seeking to buttress his point employed a French proverb.
“Fellow Ghanaians, as the French would say, l’argent n’aime pas le bruit, to wit, money does not like noise, ‘sika mpɛ dede’. Where there is chaos, where there is noise, where there is unrest, you will not find money.
“Money doesn’t like noise. If you talk down you currency, it will go down, if you allow others to talk down your currency it will go down,” President Akufo-Addo said in his address on Sunday night.
The President added, “All of us have a role to play in straightening the Cedi and stop speculation. Those who publish falsehood resulting in panic, the relevant state agencies will act against such person.”
READ ALSO :Electricity worker electrocuted while disconnecting power lines in Calabar (video)
He assured that his government is committed to turning around the current crisis and will take important decisions to address the depreciation of the Ghanaian cedi.
President Akufo-Addo further stressed that his government is determined to stabilize the economy and set it on a path of growth.
READ ALSO :Python bites owner, grips her hand in heart-wrenching video [watch]
Read all the Latest News, Entertainment News and gossips here. Follow us on Facebook, Instagram and Telegram.
