The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has pledged to introduce a fixed exchange rate scheme to stabilize the Dollar-to-Cedi exchange rate, aiming to boost business operations across the country.
Speaking during the “Enti Asanteman Aseda Ni” walk in Kumasi, Mahama assured the crowd of his commitment to enhancing trading activities and supporting businesses, particularly in the Ashanti Region.
He explained that the proposed policy is designed to reduce the cost of clearing goods at the port for importers, ultimately benefiting the wider economy.
“We will implement a fixed rate scheme to ensure a stable exchange rate by the Bank of Ghana, eliminating the current weekly fluctuations in the dollar to Cedi rate.
“This initiative will enable importers to clear their goods from the port without facing unexpected increases in costs.”
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Mahama pledges to boost business and trade in Ashanti Region
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