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BusinessGeneralHeadlines

Cedi@60: Ato Forson reaffirms gov’t’s commitment to stable cedi, pledges strong fiscal discipline

Finance Minister Dr. Cassiel Ato Forson has reaffirmed the government’s commitment to maintaining a strong and stable Ghana cedi through fiscal discipline and sound economic management during the Cedi@60 celebration.

Hamdia Mohammed
By Hamdia Mohammed
Published: October 28, 2025
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Finance Minister Dr. Cassiel Ato Forson has reaffirmed government’s commitment to maintaining a strong and stable Ghana cedi as the nation commemorates 60 years of its national currency.

Speaking at the Cedi@60 celebration on Tuesday, October 28, Dr. Forson said the government’s continuous focus on fiscal discipline has been crucial in sustaining the cedi’s resilience over the years.

“As managers of the economy, we have remained steadfast in our duty to ensure a strong cedi and a very stable currency,” he said.

He further assured that government would continue to pursue sound economic policies aimed at consolidating the recent gains in the currency’s performance.

“I want to use this opportunity to commit that the government of Ghana remains committed, and we shall stay the course to ensure that the Ghana cedi remains stable and gains, as we have seen, are being maintained,” Dr. Forson stated.

The celebration, held under the theme “60 Years of the Cedi: A Symbol of Sovereignty, Stability, and Economic Resilience,” took place at 10:00 a.m. with President John Dramani Mahama attending as the Special Guest of Honour.

Introduced on July 19, 1965, the Ghana cedi marked a defining moment in the country’s pursuit of economic independence following the end of colonial rule.

Over the decades, the currency has undergone several policy reforms and redesigns, symbolizing both the challenges and the endurance of Ghana’s economic journey.

The Bank of Ghana said the Cedi@60 anniversary provides an opportunity to reflect on the nation’s financial history, rekindle national pride, and strengthen public confidence in the cedi as a foundation of economic stability.

The year-long celebration will include public education campaigns, a regional roadshow dubbed the Cedi Van, and youth-focused contests in art, music, and essay writing to promote financial literacy and national engagement.

A major feature of the programme will be a Currency Conference that will bring together experts from international central banks, academia, and the private sector to deliberate on Ghana’s monetary evolution and the future of its financial system.

Source: Starrfm.com.gh

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