Cement, rice, and iron rod prices are dropping, Bawumia highlights economic advancement



Dr. Mahamudu Bawumia, the Flagbearer of the New Patriotic Party, recently emphasized the positive impact of government measures on macroeconomic stability. Speaking at a National Thanksgiving service at the NPP Headquarters in Accra, Dr. Bawumia pointed to a significant decrease in inflation and a reduction in prices of goods and services as clear indicators of the government's commitment to revitalizing the Ghanaian economy.


Amidst the global challenges posed by the post-Covid-19 era, Dr. Bawumia underscored Ghana's resilience in the face of economic and social shocks. He acknowledged the difficulties faced by many countries worldwide and expressed gratitude for the progress made in Ghana despite the adversities.


Recognizing the ongoing hardships, Dr. Bawumia stressed the need for concerted efforts to alleviate burdens as the country moves into 2023. He attributed the positive developments to divine intervention and highlighted the importance of continued hard work to further mitigate challenges.


Furthermore, Dr. Bawumia highlighted specific economic achievements, noting that prices of essential items such as cement, fuel, cooking oil, iron rods, rice, and maize have decreased. He emphasized that these reductions are indicative of positive economic changes, as opposed to the typical trend of price increases.


Dr. Bawumia's remarks reflect a sense of optimism about Ghana's economic trajectory and a call to action for sustained efforts to address lingering challenges. The government's dedication to macroeconomic stability and its impact on the lives of Ghanaians remains a focal point as the country navigates through a challenging global landscape.



(This article is sourced from citinewsroom.com and curated by Esi Amedome| Mydailyreports24) 

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