General News of Friday, 11 November 2022
Source: www.ghanaweb.live
2022-11-11Presby Church declares 3-day 'economic' fasting and prayers
Rt. Reverend Professor Joseph Obiri Yeboah Mante
The Presbyterian Church of Ghana has joined the Church of Pentecost in praying for the Ghanaian economy.
According to the church, most economies around the world are facing economic difficulties and Ghana is not an exception.
In a circular signed by Rev. Dr. Godwin Nii Noi Odonkor, Clerk of the General Assembly, the church said it is hopeful that
Read full articlethe Lord will step in and put an end to the difficulties facing the Ghanaian economy.
“In the light of this, the Moderator of the General Assembly, with the support of the General Assembly Council, has declared a three-day fasting and prayer from 28th to 30th November 2022 to fervently intercede for the wellbeing of Ghanaians.
“We encourage all congregations to set aside these days to pray for the nation,” the November 10 statement said.
It will be recalled that the Executive Council of the Church of Pentecost declared a three-day (all-day) fasting and prayers to intercede for the nation.
A statement signed by the Chairman of the council, Apostle Eric Nyamekye, said that was because the economic challenges that the country had been going through for some time now threatened the peace and security of the nation.
“The church in times like this has a divine responsibility to intercede for the nation, as admonished in Jeremiah 29:7 and 1 Timothy 2:1-2,” it said.
The fasting period which begins on Thursday, November 10 and ends on Sunday, November 13, 2022, is on the theme text: “Ezra 8:23.”
“This prayer and fasting sessions may be fused with any existing programme scheduled for the week. All area heads and ministers are to get involved and organise these meetings at any convenient level that will yield the maximum result,” it added.
The statement also encouraged all members of the church to keep trusting God with the belief that God would respond to their prayers and bring relief to the nation.
“While I admit that this message is coming to you at such short notice, I hope that you will bear with me as we all join hands in this all-important programme.
"May the Lord pour on the church the spirit of supplication, and the burden to stand in the gap and build a hedge for the nation,” it said.
About Ghana's economy.
Ghana is currently experiencing some economic difficulty.
There has been an increase in food prices; housing, electricity and fuel among others pushing the inflation for the month of October 2022 to 40.4 %.
This means the cost of credit is expected to go up further as the Bank of Ghana is set to take a decision on the policy rate – the rate at which it lends to commercial banks- by November 25, 2022.
Food inflation recorded the highest rate among all the components as against non-food inflation, according to figures from the Ghana Statistical Service. The increase by food inflation indicates a jump of more than 3% from the previous rate of 37.2%.
The other four divisions are Housing, Water, Electricity, Gas and Other Fuels (69.6%); Furnishings, Household Equipment ad Routine Household Maintenance (55.7%); Transport (46.3%) and Personal Care, Social Protection and Miscellaneous Goods and Services (45.5%).
Food inflation was 43.7% in the month of October 2022, compared with 37.8% in September 2022. It has bigger weight than the above divisions.
PEN/SARA
