Reduce prices of goods and services now – Akufo-Addo

President Nana Akufo-Addo has appealed to leaders of traders’ associations and industry to direct their members to reduce the prices of goods and services as the cedi regains its strength against major international currencies.

Addressing a gathering at the Centenary Celebration of the Ga Presbytery of the Presbyterian Church of Ghana, at the Black Star Square in Accra on Sunday, President Akufo Addo said the clarion call is a fair request as prices of fuel have gone down.

“I add my voice to those of GUTA, GRTCC and others, to appeal to manufacturers, traders and transport operators, that with the height of the cedi’s recent depreciation and increased prices of goods and services, to reduce their prices of goods and services now that the cedi is regaining much of its strength. I believe this is not only a fair request but also a just one.”

Meanwhile, transport fares are expected to go down today Monday, December 19, 2022.

The reduction, according to Road Transport Operators covers shared taxis, Intra-city(Trotro), Intercity(Long distance), and haulage.

Commercial Transport Operators have been asked to comply with the new fares and post same at their loading terminals.

The last review saw a 19% upward adjustment in transport fares.