Ghana’s president, Nana Addo Dankwa Akufo-Addo, will speak to the people on the current state of the country.
It is expected that the speech will discuss the economy and the suggested solutions to the problems.
This complies with Article 67 of the Constitution from 1992.
At the beginning of each session and just before the legislature is dissolved, the President is required under Article 67 to address the legislature with a statement on the state of the nation.
The President is anticipated to provide updates on events around the entire nation.
Ghanaians were encouraged to express gratitude in President Akufo-speech Addo’s during the 66th anniversary of Independence Day.
He thinks that despite all the difficulties the nation is facing, the administration has secured the supply of essential goods to stop the situation from getting worse.
“We all see the images around the world, here in Ghana, we’ve not had any fuel queues, we’ve not suffered shortages of food and essential items, or the catastrophe of dumsor. Undoubtedly, major global developments have harmed our domestic economic performance.”
“We’ve witnessed historic heights in global inflation and food prices. Rising global interests rate triggered by the tightening of monetary policy of Central banks across several advanced economies to tame rising inflation and energy crisis with crude oil prices reaching unprecedented heights at one point above $120 a barrel.”
In the midst of worsening hardship, rising living expenses, and a depreciating cedi, Ghana is currently requesting a bailout from the International Monetary Fund (IMF) for an economic recovery.
