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President John Dramani Mahama has lauded the management of Ghana’s currency, emphasizing that the Cedi has regained respect both locally and internationally.
Speaking at the Cedi@60 celebration organized by the Bank of Ghana in Accra, under the theme “Sovereignty, Stability, and Economic Resilience,” President Mahama commended the efforts of the Bank of Ghana and the Ministry of Finance in stabilizing the nation’s currency.
“I just want to say that the governor and all your team at the BoG, the Ministry of Finance, Ghanaians are grateful to you for the management of our currency,” he stated.
He highlighted the renewed confidence in the Cedi, adding, “I think that a lot of respect has returned to our currency. And it is my hope that you will keep whatever you are doing to make sure that we don’t have excess liquidity, all those words you people have; open market operations, whatever, those your technical jargons are.”
President Mahama urged the central bank and finance officials to sustain their efforts: “Whatever you are doing, continue doing so, so that the Cedi is respected,” he emphasized.
The Cedi@60 celebration marks six decades since Ghana introduced its national currency, replacing the Ghanaian Pound in 1965—a milestone that symbolizes the nation’s enduring pursuit of economic sovereignty and stability.
