Vice President Naana Jane Opoku-Agyemang emphasized the need for responsible fiscal management and citizen accountability to maintain economic stability and currency strength in Ghana. She addressed attendees at the Cedi anniversary celebration in Accra on Tuesday, describing the currency as a social contract that represents public trust in national institutions. The vice president urged leaders to eliminate wasteful borrowing practices and implement sustainable revenue strategies.
Ghana's currency was launched in July 1965 under President Kwame Nkrumah to replace British colonial money and establish financial independence. Opoku-Agyeman noted the cedi improved from the world's weakest currency in 2022 to its strongest performer by 2025, according to Bloomberg data. Inflation declined from 54.1 percent to 9.4 percent by September, while foreign reserves exceeded $12 billion.
Bank of Ghana Governor Johnson Asiama said anniversary activities would reach communities nationwide through educational programs and exhibitions. The central bank introduced electronic currency to modernize financial services. Opoku-Agyemang credited Finance Minister Ato Forson and Asiama for strict monetary controls that restored investor confidence.
Ghana's currency was launched in July 1965 under President Kwame Nkrumah to replace British colonial money and establish financial independence. Opoku-Agyeman noted the cedi improved from the world's weakest currency in 2022 to its strongest performer by 2025, according to Bloomberg data. Inflation declined from 54.1 percent to 9.4 percent by September, while foreign reserves exceeded $12 billion.
Bank of Ghana Governor Johnson Asiama said anniversary activities would reach communities nationwide through educational programs and exhibitions. The central bank introduced electronic currency to modernize financial services. Opoku-Agyemang credited Finance Minister Ato Forson and Asiama for strict monetary controls that restored investor confidence.
