{"id":1232785,"date":"2022-10-24T11:49:56","date_gmt":"2022-10-24T11:49:56","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/10\/24\/mahama-to-speak-on-ghanas-economic-woes-on-thursday\/"},"modified":"2022-10-24T11:49:56","modified_gmt":"2022-10-24T11:49:56","slug":"mahama-to-speak-on-ghanas-economic-woes-on-thursday","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/10\/24\/mahama-to-speak-on-ghanas-economic-woes-on-thursday\/","title":{"rendered":"Mahama to speak on Ghana\u2019s economic woes on Thursday"},"content":{"rendered":"<p><\/p>\n<div id=\"article-text\">\n<p>Former President, John Dramani Mahama will address the nation on the prevailing economic situation on Thursday, October 27.\u00a0<\/p>\n<p>An aide to the former president, Joyce Bawa Mogtari announced in a tweet on Monday.\u00a0<\/p>\n<p>According to the tweet, Mr Mahama\u2019s address will also provide some solutions to the economic downturn.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"688\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/10\/4EBA2752-4DEB-4680-9458-4389DB54FA8A-1024x688.jpeg\" alt=\"Mahama to speak on Ghana\u2019s economic woes on Thursday\" class=\"wp-image-10032194613 lazy\"  data- title=\"Mahama to speak on Ghana\u2019s economic woes on Thursday\"\/><figcaption>Joyce Bawa Mogtari\u2019s tweet<\/figcaption><\/figure>\n<p>\u201cJohn Mahama speaks on Ghana\u2019s collapsed economy and the unprecedented hardships sweeping across the land and the way forward on Thursday 27th October at 7pm,\u201d she tweeted.\u00a0<\/p>\n<p>Currently, the Ghana Cedi has been cited by a Bloomberg report as the worst-performing against the dollar worldwide.<\/p>\n<p>The local currency also lost further grounds Friday morning to trade at \u00a214.70 to the dollar, quotations from the forex bureaus indicate.<\/p>\n<p>The free fall of the local currency is having adverse effects on importers who rely on the dollar to trade.<\/p>\n<p>Already, Oil Marketing Companies (OMCs) have also increased the prices of petroleum products at the pumps, with a litre of petrol going for GH\u00a213.10, from the previous price of GH\u00a211.10, representing about 16% increase.<\/p>\n<p>On the other hand, the price of diesel per litre has shot up to about GH\u00a215.99, from the previous price of GH\u00a213.90. This is about a 12% increment.<\/p>\n<p>This crisis has led to many calling on the government to act quickly to cushion the public.\u00a0<\/p>\n<p><strong>DISCLAIMER: <\/strong>The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Former President, John Dramani Mahama will address the nation on the prevailing economic situation on Thursday, October 27.\u00a0 An aide to the former president, Joyce Bawa Mogtari announced in a tweet on Monday.\u00a0 According to the tweet, Mr Mahama\u2019s address will also provide some solutions to the economic downturn. Joyce Bawa Mogtari\u2019s tweet \u201cJohn Mahama [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1194136,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[],"class_list":["post-1232785","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1232785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1232785"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1232785\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1232785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1232785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1232785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}