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Abossey Okai Spare Parts Dealers urge members to reduce prices following Cedi Appreciation

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Prices of spare parts reduced as far back as April 2025 – GUTA Official reveals

Prices of spare parts reduced as far back as April 2025 – GUTA Official reveals

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The Abossey Okai Spare Parts Dealers Association has directed its members to reduce prices due to the cedi’s recent surge in value against the US dollar.

They believe this decision will bring relief to customers and support the government’s ongoing efforts to stabilize prices of goods and services across the country.

The Association in a recent press release applauded the government for taking bold and decisive steps to strengthen the local currency and stabilise the broader economy.

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“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,” Chairman
Of the Association Henry Okyere said in the statement appealing to all members to strictly adhere to the price adjustments, reinforcing their commitment to fair pricing and market stability.

The Association believes this price reduction demonstrates their commitment to supporting the nation’s economic recovery and making spare parts more affordable for consumers.

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