President John Dramani Mahama has lauded the management of Ghana’s currency, stating that the cedi has regained significant respect both locally and internationally.
Speaking at the Cedi@60 celebration organised by the Bank of Ghana in Accra under the theme “Sovereignty, Stability, and Economic Resilience,” President Mahama commended the Bank of Ghana and the Ministry of Finance for their efforts in stabilising the 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 said.
He expressed renewed confidence in the cedi, noting, “I think that a lot of respect has returned to our currency. And it’s my hope that you will keep whatever you are doing to make sure that we don’t have excess liquidity, all those technical jargons like open market operations, whatever.”
President Mahama encouraged the central bank and economic managers to sustain their policies, saying, “Whatever you are doing, continue doing so, so that the cedi is respected.”
The Cedi@60 commemoration marks six decades since Ghana introduced its national currency in 1965, replacing the Ghanaian Pound, a milestone that reflects the country’s continued pursuit of economic independence and resilience.
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