Sentences with phrase «stabilized cedi»

President John Mahama who has been consistent on the impact of the home grown policies backed by the rippling effect of improved power supply and stabilized cedi maintains «Ghana is rising and Ghana is doing well».

According to Dr. Bawumia, in 8 - years of the administration of President John Agyekum Kufuor, the Bank of Ghana spent some $ 2.5 billion in non-oil foreign exchange sales to stabilize the cedi.

Not exact matches

He said the numbers shows that the Ministry's fiscal consolidation program has worked resulting in inflation reducing significantly, a fairly stabilized Ghana cedi and a budget deficit which has reduced from 12 percent to 6.3 percent in 2015.

To a deafening applause from the crowd amidst smiles, the President said the Ghana cedi which has for the past months struggled behind the US dollars is «stabilizing.»

Touching on the economy, the president said his government will ensure that the cedi is stabilized and the inflation rate is decreased to a single digit in his second term.

It has stabilized the economy and the cedi - dollar relationship isn't giving business folk as many headaches.