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Ghana to receive More Dollars soon- Information Minister

Kennedy Opoku by Kennedy Opoku
August 23, 2022
in Business, Economy, General News
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Ghana to receive More Dollars soon- Information Minister
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Information Minister Kojo Oppong Nkrumah has assured the public of a Dollars into the Ghanaian economy.

The Minister Kojo Oppong Nkrumah saidu about $2 billion will hit the government’s account shortly.

“The Bank of Ghana introduced a number of measures in the short term to deal with it and on the back of that… the $750 million that we were expecting, all the paperwork has been concluded, and it should be hitting our accounts today or tomorrow.”

“If I were you, and I was holding onto dollars, I would be selling them by now because there is a lot more dollar coming in from the $750 million and also from the Cocoa Syndicated Loan of about $1.3 billion,” the minister said in an interview with Accra-based Citi FM on Monday, August 22.

Ghana’s economy has gone through a turbulent time, driving away investors. This has brought pressure on the cedi as investors relocate their. investments into other countries.

The Information Minister is currently touring the upper west region with the president. The tour which began yesterday saw the president visit the Isa Na.. He also inspected some ongoing projects in the region and commissioned a solar panel installation in Nadowli Kaleo constituency.

 

Source: theGhanaianvoice.com

 

Tags: dollar scarcityGhanaInformation Minister
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Kennedy Opoku

Kennedy Opoku

Kennedy Sampene Opoku is the Deputy Editor of TheGhanaianVoice.Com, and he is based in Tema, Ghana. Kennedy holds a Bachelor’s Degree in Communication Studies (Journalism major) from the Ghana Institute of Journalism.

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