The chief and founder of All Peoples Congress (APC), Hassan Ayariga, has referred to as on the federal government of Ghana to as a matter of urgency be sure that the costs of items and commodities are lowered drastically to assist left large bedding on Ghanaians.
In a press release, Dr Ayariga mentioned that the the federal government had performed little or no in phrases of ensuring that the costs of all items and commodities scale back drastically and pave method higher residing requirements for wellbeing Ghanaian.
Read Full Statement
PRESS CONFERENCE BY DR. HASSAN AYARIGA LEADER/FOUNDER OF THE ALL PEOPLE’S CONGRESS (APC) ON THE HIGH PRICE OF GOODS AND SERVICES IN OUR COUNTRY, ON THE twentieth OF DECEMBER 2022
Mr. Chairman, nationwide and regional government members of our celebration (APC) , the media, fellow countrymen and ladies, women and gents. Good morning to you all.
Our Nation is in Crisis, and we as Ghanaians should both assist resolve the scenario or improve the affect of the scenario. Some few months in the past, when the Ghanaian Cedi misplaced worth towards main currencies and costs of Petroleum merchandise went up, the Ghanaian businessmen and merchants shortly Increased their costs of items and companies within the markets, others doubled their costs. The free market system made it very tough for our residents, and lots of suffered considerably whereas different residents couldn’t alter to the excessive value of residing.
Ghanaian merchants, businessmen and ladies, transportation homeowners , cement and iron rod sellers, spare components sellers, eating places and meals distributors, bottled water corporations and pure water sellers, waakye and Gobe sellers had a cause to extend their items and companies astronomically.
The relaxation embody college proprietors, airways and journey & tour corporations, hospitals and pharmaceutical corporations, telcos and repair suppliers, filling stations, buying malls, furnishings, paint corporations, automotive sellers, inns and leisure Centres, Ghana water firm, ECG, cable web networks and others additionally elevated their costs with out recourse to cost negotiations with authorities businesses.
Ladies and gents, at this time the reverse is going on and everybody appears to be mute. The Ghanaian Cedi is gaining it energy, costs of petroleum merchandise has gone down however the Ghanaian companies talked about above have refused to cut back the costs of items and companies. The pace at which our businessmen and ladies elevated their merchandise went the greenback appreciated towards the Cedi, identical pace is anticipated to lower the costs of good and companies when the greenback additionally depreciated towards the Cedi.
Dr. Hassan Ayariga and the APC celebration is not going to permit folks to take undue benefit of the scenario and improve the struggling of our very personal folks. It is our collective responsibility to assist resolve our disaster and as nicely construct Ghana collectively. No authorities can construct a greater Ghana with out the help, understanding, sacrifices and love of the Ghanaian folks.
Love in your nation additionally means sacrificing for the era now and past. Our nationwide curiosity have to be above our parochial curiosity. We should change our angle and cease all these partisan habits and construct our homeland collectively.
Admittedly, our governments have failed us, however should our residents and enterprise leaders additionally fail this era? We want one another to construct a resilient and sturdy financial system. We are the federal government and should rise above pertinence and do the correct factor for our motherland to develop and develop.
Ladies and gents, I wish to attraction to the federal government of president Nana Akufo Addo to implement APC’s coverage of Price assure (management) system to manage and monitor costs of items and companies available in the market. GRA should collaborate with all related establishments to be sure that all commodities within the markets are correctly coded and controlled.
The appreciation of the cedi is meaningless until it’s linked with the overall discount of costs of items and companies and Petroleum merchandise.
Inflation is now 50%. Inflation will proceed to speed up if our enterprise leaders proceed to benefit from the undue benefit. I’m calling on our enterprise leaders and market merchants to cut back their costs of items and companies instantly to mitigate the scenario. Many are nervous concerning the stabilization of the Ghanaian cedi towards the most important currencies, however it is just after we all do the correct factor that the cedi will probably be steady.
I wish to attraction to the federal government to institute a nationwide job drive to go spherical and be sure that merchants, companies, malls, corporations, cement and iron rod sellers, store homeowners, and others scale back their costs of items and companies. Government must also roll out insurance policies and laws of pricing of items and companies within the nation.
Government must also cross a laws or direct all of the banks in Ghana to credit score purchasers who intend to purchase foreign currency echange for enterprise functions by crediting their accounts with such currencies relatively than giving out bodily money to them. By this our merchants is not going to have money (foreign currency echange ) transactions any extra. A directive must also be made to all banks to promote foreign currency echange no more $10,000:00 equal to Travelers who can present proof of a legitimate touring air ticket to their nation of vacation spot.
We ought to study to like and worth our Own Ghana Cedi and make it nice and robust.
I want each Ghanaian a Merry Christmas and affluent new yr.
Thank You.
Dr. Hassan Ayariga
APC Leader/Founder
