Following the appreciation of the Ghana cedi against the US dollar, actor Prince David Osei has shelved his plans to host a demonstration against the government.
In a post on Twitter, Prince David who is known to support the NPP and President Akufo-Addo noted that the cedi is performing “remarkably” well.
For this reason, he believes that there is no need for a demonstration as earlier stated in his rants about the economy earlier in the year.
“Hallelujah the Cedi is appreciating remarkably. 9.56ghc to a 1$.. No more demonstrations 😀😀 remember I gave an ultimatum for December!!” Prince David Osei wrote.
In October 2022, the actor threatened the government that he would stage a non-partisan demonstration by December if the economic challenges continued.
In an Instagram post, the TV personality said even though the youth are investing their maximum efforts, they are still finding it difficult to make ends meet.
Given the situation, the actor expressed his disappointment in the current regime and warned that he will be part of a demonstration if the economic situation does not change for the better.
However, in his post on Wednesday, Prince David Osei said the economy, gradually, has seen an improvement as compared to the previous months.
Hallelujah the Cedi is appreciating remarkably. 9.56ghc to a 1$.. No more demonstrations 😀😀 remember I gave an ultimatum for December!! The economy is gradually getting back on track!! Now we need to see the effect in our daily lives, goods and services.. God bless 🇬🇭❤️— H.E Prince David Osei (@PrinceDavidOsei) December 14, 2022
“The economy is gradually getting back on track!! Now we need to see the effect in our daily lives, goods and services…God bless Ghana,” he wrote.
Meanwhile, in official reports, the Ghana cedi has in less than five hours, December 14, 2022, gained 5.6% value against the US dollar, resulting in a cumulative gain of approximately 33.6% in the month of December alone.
$1 is now trading at an average rate of ¢10.70 with a market range spanning GH¢10.70 to GH¢11.28.
This puts the cedi as the strongest performing currency against the American ‘greenback’ in December 2022.
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