President John Dramani Mahama has expressed gratitude to the Ghana Private Road Transport Union (GPRTU for reducing transport fares, describing the move as a welcome relief for Ghanaians amid signs of economic improvement.
Speaking at the College of Health in Kintampo, Bono East Region, on Thursday, May 29, President Mahama noted that the stabilisation of the cedi and declining inflation have led to increased investors’ confidence in the economy.
“Our currency, the cedi, is stabilising, inflation is gradually declining, investors’ confidence in our economy is returning,” he said.
He added, “Ghanaians are beginning to feel a slow but steady relief when they go to the market.”
The President specifically thanked the GPRTU and other drivers’ unions for responding to the improving economic environment.
“I want to take this opportunity to thank the GPRTU and the various drivers’ unions for reducing transport fares to bring relief to Ghanaians from the hardships they were facing,” he stated.
The fare reduction, which took effect on Saturday, May 24, is expected to ease the burden on commuters.
However, some drivers have yet to comply with the new fare structure, prompting the GPRTU to urge its members to adhere to the directive to ensure uniformity and ease tensions among commuters.