Spare parts dealers urge members to reduce prices amidst strong cedi

The Abossey Okai Spare Parts Dealers Association in the Greater Accra Region has directed its members to reduce prices of spare parts, according to a statement issued over the weekend,

The directive is in response to the recent appreciation of the Ghana Cedi against the U.S. Dollar under the new John Dramani Mahama-led administration.


This decision aims to provide relief to customers and support the government’s ongoing efforts to stabilize prices of goods and services across the country.


The Association commended the government for its bold and decisive steps in strengthening the local currency and stabilizing the economy.


“We pledge our full collaboration with the government to sustain this positive trend and ensure further appreciation of the Cedi, bringing much-needed economic relief to Ghanaians,” said Henry Okyere Jnr., Chairman of the association.


Okyere Jnr. also appealed to all members to strictly adhere to the price adjustments, reinforcing their commitment to fair pricing and market stability.


The Association is of the view this move underscores the Association’s dedication to supporting national economic recovery and ensuring affordability for consumers. Enditem

Source: Ghana Eye Report

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