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Hajj fares could fall if Cedi strength is sustained – John Mahama

Ghanapoliticsonline.com by Ghanapoliticsonline.com
May 30, 2025
in News
Reading Time: 2 mins read
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President John Dramani Mahama has announced that Hajj fares could fall to as low as GHC50,000 next year if the Ghanaian Cedi continues its current trajectory of appreciation against the US dollar.

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Speaking during his Thank You Tour in Kintampo in the Bono East Region on Thursday, May 29, 2025, the President highlighted the impact of recent exchange rate gains on the cost of the Islamic pilgrimage.

“At the time we started paying for the Hajj, the Cedi was at GHC15.5 to the dollar. So, the fare we came up with for the $4,000 cost to do the Hajj came to GHC 62,000,” he explained.

“Next year, if you do a calculation with where the Cedi is currently—GHC 10.5—it means the fare for Hajj may go below GHC 50,000.”

President Mahama praised his administration’s efforts to make the pilgrimage more affordable, noting that Hajj fares have already been reduced significantly—from GHC 75,000 to GHC 60,000—since his government took over the process.

The President’s comments come amid broader discussions about the strengthening of the Cedi and its impact on the cost of living. He stressed that the positive performance of the local currency should continue translating into relief for citizens across various sectors.

Meanwhile, Friday, June 6, 2025, will be observed as a statutory public holiday in celebration of Eid-ul-Adha.

In a statement dated Thursday, May 29, and signed by the Interior Minister, Muntaka Mubarak, the ministry urged the public to observe the day as a public holiday across the country

Eid-ul-Adha, also known as the Festival of Sacrifice, is one of the most significant events on the Islamic calendar. It commemorates the unwavering faith of the Prophet Ibrahim, who was willing to sacrifice his son, Ishmael, in obedience to God’s command.

The festival coincides with the conclusion of Hajj, the annual pilgrimage to Mecca, which is one of the five pillars of Islam.

The festival also falls on the 10th day of Dhul Hijjah, the final month of the Islamic calendar.

Often referred to as the “Greater Eid,” Eid-ul-Adha is marked by special prayers, the sacrifice of animals, and acts of charity, as Muslims around the world celebrate with family, friends, and those in need.

 

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