Vice President Jane Naana Opoku-Agyemang has praised the recent stability of the Ghanaian Cedi, describing it as evidence of disciplined policy decisions and renewed economic confidence.
Speaking at the 14th Ghana Economic Forum, themed Currency Stability: A Reset for Sustainable Economic Growth, she said the platform offers an important space for policymakers, financial experts, and business leaders to deliberate on strengthening Ghana’s economic resilience.
“The theme aligns with the government’s Reset Agenda under the leadership of His Excellency President John Dramani Mahama,” she said.
“The recent stability of the Cedi, having appreciated by over 30 percent, is a sign of disciplined policy choices and renewed confidence in the economy.
“This progress is not accidental; it reflects the steady commitment of institutions such as the Ministry of Finance and the Bank of Ghana, and government’s focus on fiscal discipline and accountability.”
She noted that the Cedi’s 60th anniversary serves as a reminder that its strength directly affects every Ghanaian household.
“A stable currency means predictability for farmers, affordability for students, and sustainable planning for businesses. Macroeconomic stability is about improving the quality of life for every Ghanaian,” she emphasized.
Reflecting on Ghana’s monetary journey, she recalled milestones from Dr. Kwame Nkrumah’s introduction of the Cedi in 1965 to the redenomination in 2007.
Looking ahead, she stressed the importance of adding value to raw materials, reducing imports, and maximizing the potential of national resources.
“We must channel our gold, cocoa, and other natural resources into value-added production. The Goldbod and Cocoabod initiatives are leading this charge,” she said.
Concluding her remarks, the Vice President highlighted that 2025 presents an opportunity for transformation.
“Inflation has fallen to 9.4 percent, and the Cedi has regained global credibility. But this stability must be guarded with discipline, transparency, and national unity. Our true sovereignty lies not in isolation but in our resolve to build a resilient economy that works for us all,” she said.
