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Kyerematen vows to stabilize Ghana's economy, reduce Exchange rate to below 5 cedis
Accra, Ghana - Accra, Nov 4, 2024 - Presidential hopeful Alan Kyerematen has made a bold promise to stabilize Ghana's economy and reduce the exchange rate to below 5 cedis if elected.
Kyerematen expressed dissatisfaction with the current economic challenges, emphasizing his commitment to addressing inflation and exchange rate struggles during his Mega Victory Walk in the Accra on November 2, 2024,
He identified four major problems facing the nation: unemployment, corruption, galamsey, and the ailing economy. He assured the crowd that his Great Transformational Plan (GTP) offers comprehensive solutions to these issues, positioning it as the only detailed, pragmatic blueprint for tackling the root causes of these challenges.
Key Policy Initiatives:
- Agricultural Revolution: Investing in agriculture to create sustainable employment opportunities for the youth
- Industrial Transformation: Boosting domestic production and reducing reliance on imports to ease pressure on the cedi
- Tourism Promotion: Developing tourism to create jobs and stimulate economic growth
- Youth Empowerment: Providing funding, business development training, and access to markets for young entrepreneurs
- Responsible Small-Scale Mining: Creating pathways for youth to enter legal mining channels and providing equipment and machines on a work-and-pay basis
Kyerematen also emphasized his commitment to national unity, promising to appoint qualified individuals across political lines to key positions.
He assured the youth that job opportunities would be accessible to all, without political affiliations, and that competency would be the primary consideration.
“The exchange rate is currently almost 1=17 cedis, and that is unacceptable,” he pledged.
“Through a robust investment in agriculture and local industries, we will create sustainable employment opportunities, particularly for the youth,”
“I will cease the licenses of those politicians who have been using the youth and give them to the youth to establish small-scale mining companies that they will own,” he assured.
“Due to the various youth empowerment policies, it will be difficult for the youth to complete school without securing jobs or self-employment opportunities”.
“In my government, if you are NDC, NPP, or someone who doesn’t do politics but can do the job, I will appoint you to be part of it,” he declared, emphasizing that competency would be the primary consideration,'' he added.
Source: Lead News Online
