Dr Johnson Pandit Asiama, the Governor of the Bank of Ghana, said the Cedi’s strength reflected national confidence, productivity, and partnership.
He said with stability, production, and innovation as the guiding pillars, Ghana’s currency could once again become a symbol of pride and resilience for the nation.
Dr Asiama said this in a speech read on his behalf by Dr John Kwabena Kwakye, Advisor to the Governor, at the 14th Ghana Economic Forum on the theme: “Currency Stability: A reset for Sustainable Economic Growth.”
The event organised by the Business and Financial Times (BFT) seeks to foster in-depth discussions and debates on critical issues shaping Ghana’s economy.
It also explored solutions to overcome challenges and accelerate national development goals.
He cautioned that while progress was remarkable, stability remained fragile, and the country must guard against complacency.
He commended the private sector, academia, and development partners for their collaboration, urging deeper partnerships to sustain growth, promote innovation, and channel investment into productive sectors like manufacturing, agro-processing, and green energy.
The Governor said Ghana was rebuilding credibility, re-anchoring expectations, and shifting from short-term stabilisation to long-term productive transformation.
“We must refine our gold, process our gold, and manufacture more of what we consume. The passage of the Ghana Gold Board Act, 2025 (Act 1140) marks an important shift in centralising gold trading and exports,” he added.
He said it formalised the value chain and linked the country’s mineral wealth directly to its reserve strategy.
He said this was how currency value becomes tangible when national resources translate into national assets.
“To sustain the cedi’s strength, he urged a focus on production and value addition, especially in gold, cocoa, and oil,” he said.
