{"id":1238911,"date":"2022-10-30T20:57:06","date_gmt":"2022-10-30T20:57:06","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/10\/30\/lets-reduce-our-dependence-on-imported-goods-to-grow-the-local-economy-akufo-addo\/"},"modified":"2022-10-30T20:57:06","modified_gmt":"2022-10-30T20:57:06","slug":"lets-reduce-our-dependence-on-imported-goods-to-grow-the-local-economy-akufo-addo","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/10\/30\/lets-reduce-our-dependence-on-imported-goods-to-grow-the-local-economy-akufo-addo\/","title":{"rendered":"Let&#8217;s reduce our dependence on imported goods to grow the local economy &#8211; Akufo-Addo"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"435\"  alt=\"\" title=\"Clearing-goods-at-the-Tema-Port\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/10\/Clearing-goods-at-the-Tema-Port-696x435.jpg\" data- class=\"entry-thumb td-modal-image lazyload\"\/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"435\" class=\"entry-thumb td-modal-image\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/10\/Clearing-goods-at-the-Tema-Port-696x435.jpg\"   alt=\"\" title=\"Clearing-goods-at-the-Tema-Port\"\/><\/noscript><\/div>\n<p><strong>President Nana Addo Dankwa Akufo-Addo has appealed to Ghanaians to reduce their taste for imported goods.<\/strong><\/p>\n<p>He noted that the overreliance on imported goods is one of the factors affecting the local currency and the economy in general<\/p>\n<p>Delivering his address on Sunday October 30, Mr Addo said \u201cLet us reduce our dependence on import.\u201d<\/p>\n<p>He further indicated that the implementation of the One District One Factory initiative will heap produce more local goods for domestic consumption and also expert.<\/p>\n<p>The aim is to expand export and limit import, he said.<\/p>\n<p>Mr Akufo-Addo further warned persons who are publishing false news about the currency.<\/p>\n<p>He said the relevant state security agencies will come after such persons.<\/p>\n<p>He\u00a0 cautioned against talking down the Cedi.<\/p>\n<p>He also warned against speculation which leads to panic in the system.<\/p>\n<p>He said \u201cMoney doesn\u2019t like noise. If you talk down you currency, it will go down, if you allow others to talk down your currency it will go down.\u201d<\/p>\n<p>\u201cAll of us have a role to play in straightening the Cedi and stop speculation. Those who publish falsehood resulting in panic, the relevant state agencies will act against such person.<\/p>\n<p>The Cedi has been struggling against the major trading currencies especially the Dollar.<\/p>\n<p>But it is making some gains recently.<\/p>\n<p>\u201cWe are determined to restore stability in the economy,\u201d President Akufo-Addo said.<\/p>\n<p><strong>By Laud Nartey|3news.com|Ghana\u00a0<\/strong><\/p>\n<p>\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>President Nana Addo Dankwa Akufo-Addo has appealed to Ghanaians to reduce their taste for imported goods. He noted that the overreliance on imported goods is one of the factors affecting the local currency and the economy in general Delivering his address on Sunday October 30, Mr Addo said \u201cLet us reduce our dependence on import.\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1238913,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[648,14135,1963,4969,708,13248,1612,278,1312],"class_list":["post-1238911","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-akufoaddo","tag-dependence","tag-economy","tag-grow","tag-imported","tag-lets","tag-local","tag-reduce"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1238911","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=1238911"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1238911\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1238911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1238911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1238911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}