Ghana’s currency has performed strongly in the first half of 2025, with the Finance Minister describing the cedi’s stability as impressive and better than expected.
Delivering the 2025 Mid-Year Budget Review in Parliament on Thursday, July 24, Dr. Cassiel Ato Forson reported that the cedi recorded a cumulative depreciation of 6.8 percent in the first half of the year; significantly lower than the programmed rate of 19.8 percent.
This, he said, reflects renewed confidence in the economy and prudent fiscal management.
“In the first half of the year, the cedi has performed better than programmed,” Dr. Forson noted. “It depreciated by 6.8 percent compared to a target of 19.8 percent and a 21.8 percent depreciation recorded during the same period in 2024.”
Highlighting this improvement, he declared on the floor of Parliament: “Mr. Speaker, the Ghana cedi no Apicki!”
READ: We chose to save, not collapse an indigenous bank – Ato Forson
The Minister attributed the positive performance to strong fiscal discipline, effective monetary policy coordination, improved reserves, and Ghana’s ongoing IMF-supported reform programme.
He further assured that the government remains committed to policies that preserve exchange rate stability and support macroeconomic growth.
Source: Starrfm.com.gh
