Vice President Professor Jane Naana Opoku-Agyemang has hailed Ghana’s economic resilience, describing the recovery of the national currency as a symbol of strength and renewed confidence in the country’s financial system.
Speaking at the official launch of the Cedi@60 celebration in Accra, the Vice President said despite years of economic turbulence and global challenges, the Ghana cedi has made a remarkable comeback.
“The cedi has not only recovered, it has fought,” she declared to applause from the audience.
She recalled that according to Bloomberg, the Ghana cedi, once branded the world’s worst-performing currency in 2022 became the best-performing currency globally in 2025, highlighting what she called a “hard-earned turnaround.”
The Vice President attributed this progress to fiscal discipline, tighter monetary policy, and reforms championed by the Ministry of Finance and the Bank of Ghana. She commended the central bank for maintaining market confidence and guiding the economy toward stability.
“Through tight monetary policy and engagement with the public, the Bank of Ghana has anchored expectations and restored credibility to our markets,” she said.
Professor Opoku-Agyemang emphasized that macroeconomic stability should not be viewed as a technical achievement but as one that directly affects people’s lives. A stable cedi, she said, means predictable food prices, affordable school fees, and business confidence.
“For our farmers, stability means the cost of farm inputs does not spiral out of control. For our students and households, it means fees, books, and food prices are more predictable,” she explained.
While celebrating the currency’s milestone, the Vice President also cautioned against complacency, urging all sectors to protect the gains made.
“Confidence will not sustain itself. Government must lead with fiscal discipline, and every cedi spent must correspond to value,” she advised.
Marking 60 years since the cedi replaced the Ghanaian pound, the Vice President described the currency as both a symbol of Ghana’s independence and a reflection of its collective discipline and determination.
“The cedi has been a witness to our journey, our struggles and our achievements. May it continue to endure as a sign of our resilience and identity,” she concluded.
Source: Starrfm.com.gh
