The Abossey Okai Spare Parts Dealers Association has called on its members to reduce the prices of spare parts, citing the recent appreciation of the Ghana Cedi against the US Dollar under President John Dramani Mahama’s administration.

In a statement issued on Saturday and signed by Takyi Addo, the Director of Communications, said the decision is aimed at easing the financial burden on customers and supporting the government's ongoing efforts to stabilise the economy and reduce the cost of living.

Chairman of the Association, Mr. Henry Okyere Jnr, praised the government for what he described as “bold and decisive” actions that have strengthened the local currency.

“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,” Mr. Okyere stated.

The Association further urged all members to comply strictly with the new pricing directive as a show of solidarity with national efforts to stabilise prices and promote fair trading practices.

The Association emphasised that this move reflects its commitment to national economic recovery and consumer affordability.