February 18, 2014

The President, John Dramani Mahama, has postponed his State of the Nation Address initially planned for Thursday.

The Majority Leader, Dr. Benjamin Kunbuor who disclosed the information to Parliament on Tuesday stated that the President postponed it due to some unforeseen circumstances, adding that the new date is Tuesday 25th February 2014.

Per Article 67 of the 1992 Constitution, the President is required to deliver a statement at the opening of every parliamentary session which lays bare the economic, social, and financial state of the country.

The President is expected to state in clear terms the measures his administration is putting in place to improve the worsening economic challenges facing the country at the moment.

The Cedi has depreciated in value as against the major international currencies such as the Dollar and Pound Sterling, forcing the Bank of Ghana to introduce certain measures some of which has generated huge public outcry as some of these measures are thought not to be business friendly.