By: Kekeli K. Blamey
Mr Alan Kyerematen, the presidential hopeful of Movement for Change, has made a bold promise to Ghanaians to stabilize the economy and reduce the exchange rate to below 5 cedis if elected.
During his Mega Victory Walk in the Greater Accra Region on Saturday, Mr Kyerematen expressed dismay over the current economic challenges, emphasizing his commitment to an economic transformation that addresses inflation and exchange rate struggles.
“The exchange rate is currently almost 1=17 cedis, and that is unacceptable,” he stated, pledging to overhaul the economy and restore confidence and purchasing power for Ghanaians.
Mr Kyerematen identified four major problems facing the nation: unemployment, corruption, galamsey, and the ailing economy.
He assured the crowd that his Great Transformational Plan (GTP) offers comprehensive solutions to these issues.
His approach centers on an agricultural revolution, industrial transformation, and tourism promotion, essential to job creation and economic stability.
“Through robust investment in agriculture and local industries, we will create sustainable employment opportunities, particularly for the youth,” he explained.
To empower the youth, Kyerematen plans to create pathways for responsible small-scale mining through legal channels and provide mining equipment and machines on a work-and-pay basis.
His government will also support young entrepreneurs with funding, business development training, and access to markets.
Mr Kyerematen emphasized political inclusivity, prioritizing national unity by appointing qualified individuals across political lines to key positions.
“In my government, competency will be the primary consideration,” he declared.
By addressing the root causes of economic instability, Kyerematen believes his administration can set Ghana on a sustainable path to prosperity, providing economic relief and sustainable development.