Alan Kyerematen Promises to Slash Exchange Rate to Below 5 Cedis If Elected
Alan pledges to appoint the best talent, regardless of political affiliation, to drive national growth
- Alan pledges to reduce the exchange rate from 17 to below 5 cedis
- Alan prioritizes addressing inflation as a key issue
- Alan plans an agricultural revolution to boost employment
Alan Kyerematen has promised to stabilize the economy and bring the exchange rate down to below 5 cedis if he is elected President.
During his Mega Victory Walk in Greater Accra on November 2, 2024, Kyerematen expressed frustration over the current economic hardships, vowing to implement transformative changes to combat inflation and improve exchange rates.
“With the exchange rate nearing 1=17 cedis, that is simply unacceptable,” he declared, emphasizing his plan to restore confidence and enhance purchasing power for all Ghanaians.
Following the walk, he pinpointed four critical challenges facing the nation: unemployment, corruption, illegal mining, and economic decline.
Alan Kyerematen assured attendees that his Great Transformational Plan (GTP) contains comprehensive strategies designed to tackle these issues head-on, positioning it as the most detailed and pragmatic approach available.
He distinguishes himself as a politician with concrete solutions for Ghana’s pressing problems, further inspiring confidence among supporters.
His strategy focuses on revolutionizing agriculture, transforming industry, and promoting tourism, which he believes are vital for job creation and economic stability.
“Investing in agriculture and local industries will create sustainable jobs, especially for our youth,” he stated, advocating for increased domestic production to ease the cedi’s burden.
Addressing youth unemployment, which has driven many into illegal mining activities, Kyerematen promised to create legitimate pathways for young Ghanaians in the small-scale mining sector.
“I will revoke licenses from politicians exploiting the youth and allocate them to the youth themselves to establish their own mining companies,” he asserted.
His administration would provide equipment on a work-and-pay basis, empowering young entrepreneurs to thrive.
Alan Kyerematen also detailed policies aimed at fostering youth entrepreneurship, ensuring that young people receive funding, training, and market access to grow their businesses. “With our youth empowerment initiatives, it will be nearly impossible for graduates to leave school without job prospects or self-employment opportunities,” he added.
Emphasizing political inclusivity, he stated that his government would prioritize competence over party affiliation when appointing individuals to key positions.
“In my administration, whether you’re from the NDC, NPP, or don’t engage in politics at all, if you can do the job, you will be appointed,” he declared, reinforcing that merit would drive his decisions.
A significant promise in his address was to ensure job opportunities are open to everyone, irrespective of political ties. “In my government, you won’t need a party card for employment—just your Ghana Card,” he pledged, aiming to dismantle barriers that hinder access to jobs based on political loyalty.
Alan Kyerematen’s proposed initiatives—youth empowerment, a focus on agriculture and industry, and support for responsible small-scale mining are all integral to his GTP.
By addressing the root causes of economic instability, he believes his administration can guide Ghana toward a sustainable path of prosperity. With a clear focus on resolving the exchange rate and inflation crisis, Kyerematen’s vision resonates with a nation eager for economic relief and lasting development.
