As Ghana marks 60 years of its national currency, the cedi, President John Dramani Mahama has highlighted the importance of a stable currency for the nation’s economic future.
In a Facebook post, the President emphasized that the goal is not merely a strong cedi, but a stable one that supports business, investment, and everyday life.
“A stable cedi means a predictable business environment, affordable food prices, increased investor confidence and sustainable economic growth,” President Mahama said.
He reiterated that his administration’s #ResettingGhana Agenda is focused on creating the conditions for stability that benefit all Ghanaians.
The Bank of Ghana, which organized the anniversary, themed “60 Years of the Cedi: A Symbol of Sovereignty, Stability, and Economic Resilience,” noted that the celebration offers a moment to reflect on the currency’s journey since its introduction on July 19, 1965, a key step in Ghana’s economic independence.
Over the decades, the cedi has evolved through reforms and policy adjustments, reflecting the nation’s resilience amid changing economic circumstances.
The Cedi@60 event brought together government officials, business leaders, and stakeholders.
According to the Bank of Ghana, the milestone is not jut about looking back but also about rekindling national pride and reinforcing public confidence in the cedi as a cornerstone of economic stability.
President Mahama concluded, saying, “My administration is working to guarantee a stable Ghana Cedi to create a conducive environment for business and investment, and to ensure stable food prices, particularly, to benefit the good people of Ghana.”
Source: Starrfm.com.gh
