Thursday , December 5 2024
Alan Kyerematen Vows to Bring Exchange Rate Below 5 Cedis in Pledge to Revive Ghana’s Economy

Alan Kyerematen Vows to Bring Exchange Rate Below 5 Cedis in Pledge to Revive Ghana’s Economy

During a Mega Victory Walk in Greater Accra on November 2, 2024, presidential hopeful Alan Kyerematen promised Ghanaians that, if elected, he would stabilize the economy and reduce the exchange rate to under 5 cedis.

He expressed concern over the current rate of approximately 1=17 cedis, calling it “unacceptable” and outlining a commitment to economic transformation that would restore purchasing power and confidence.

Kyerematen presented his Great Transformational Plan (GTP) as a solution to the nation’s top challenges, including inflation, unemployment, corruption, illegal mining, and economic instability.

Key to his approach is a focus on agricultural investment, industrial growth, and tourism, aimed at boosting domestic production, creating jobs, and lessening Ghana’s reliance on imports to relieve pressure on the cedi.

Alan highlighted his youth empowerment plans, including job creation in small-scale mining, a sector he plans to open to young Ghanaians through legal means, replacing licenses held by politicians with licenses for youth-owned companies.

His administration, he said, would equip these young entrepreneurs and offer training and funding for broader business ventures.

Emphasizing inclusivity, Alan assured that jobs under his administration would be accessible based on merit, requiring only a Ghana Card, not political affiliation.

Kyerematen’s GTP is structured to provide long-term solutions for economic stability and growth, resonating with Ghanaians seeking relief from economic hardship.

 

Story by: Gordon Addai Baffour / Pinkfmonlinegh.com

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