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The Member of Parliament for Salaga South Constituency, Zuwera Mohammed Ibrahimiah, has commended President John Dramani Mahama for what she described as a significant turnaround in the Ghanaian economy, particularly the stabilization and appreciation of the cedi.
Hon. Zuwera Ibrahimiah praised the President as a promise keeper who has delivered on his commitment to restore economic stability, expressing pride in his leadership and the progress achieved so far.
Her remarks follow President Mahama’s announcement that Ghana’s economy has, for the first time, surpassed the $100 billion mark — a milestone he described as clear evidence of a broad and comprehensive economic recovery.
Delivering the State of the Nation Address (SONA) before Parliament of Ghana on Friday, 27 February, the President disclosed that the cedi had appreciated significantly against major international currencies.
According to him, the local currency gained 40.7 percent against the US dollar, 30.9 percent against the British pound, and 24 percent against the euro.
President Mahama emphasized that exchange rate stability has been central to easing economic hardship for Ghanaian households. “Exchange rate volatility has long been at the heart of hardship in Ghanaian households. We made currency stability a priority, and we have delivered,” he stated.