Mahama Announces Potential Reduction in Hajj Fares Amid Cedi’s Gains
President John Dramani Mahama has announced that Hajj fares could potentially plummet to as low as GHC 50,000 next year, contingent upon the Ghanaian Cedi’s continued strengthening against the US dollar.
During his Thank You Tour in Kintampo, Bono East Region, President Mahama underscored the profound impact of recent exchange rate gains on the cost of the revered Islamic pilgrimage.
“At the time we initiated payments for the Hajj, the Cedi was trading at GHC 15.5 to the dollar, necessitating a fare of GHC 62,000 to cover the $4,000 cost,” he elucidated. “However, with the Cedi’s current valuation at GHC 10.5, calculations suggest that the fare for Hajj may indeed dip below GHC 50,000.”
President Mahama lauded his administration’s concerted efforts to render the pilgrimage more accessible and affordable, highlighting that Hajj fares have already undergone a significant reduction from GHC 75,000 to GHC 60,000 since his government assumed responsibility for the process.
He emphasized that the Cedi’s robust performance should translate into tangible relief for citizens across diverse sectors.
In a related development, June 6, 2025, has been declared a statutory public holiday to commemorate the joyous occasion of Eid-ul-Adha, a momentous event in the Islamic calendar that venerates the unwavering faith and devotion of Prophet Ibrahim.
This festive occasion is traditionally marked by solemn prayers, ritual animal sacrifices, and generous acts of charity, as Muslims congregate with family, friends, and those in need to celebrate the spirit of giving and communal solidarity.