Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has reaffirmed the government’s steadfast commitment to maintaining a strong and stable Cedi, emphasizing its importance as a sacred national duty and a cornerstone of economic sovereignty.
Speaking at the launch of the Cedi@60 Anniversary Celebration at the Accra International Conference Centre, Dr. Forson highlighted that managing the national currency remains a key priority in the government’s economic strategy.
“As managers of the economy, we have remained steadfast in our duty to ensure a strong and stable Cedi,” he declared, noting that the recent strengthening of the currency reflects the government’s disciplined fiscal and monetary policies.
Dr. Forson attributed the Cedi’s resilience to sustained fiscal discipline and reforms aimed at restoring confidence in the economy. He pledged that the government would “stay the course to ensure that the Cedi’s gains are maintained.”
The Minister urged citizens to support efforts to preserve the integrity of the local currency by avoiding practices that undermine its value, particularly the pricing of goods and services in foreign currencies.
“The US dollar is not our currency,” he reminded the audience. “The continuous pricing of goods and services in US dollars will only hurt us. Let’s stop it. The Cedi is the only currency we have — let us protect it, trade with it, and defend it.”
Reflecting on the journey of the Ghana Cedi since its introduction in 1965, Dr. Forson described it as more than a medium of exchange — a “symbol of sovereignty, stability, and economic resilience.”
He called on Ghanaians to speak of the Cedi with pride and view it as a “badge of economic independence,” while collectively working toward building “the Ghana We Want.”
The Cedi@60 celebration, themed “60 Years of the Cedi: A Symbol of Sovereignty, Stability and Economic Resilience,” commemorates six decades of the national currency, which has endured cycles of inflation, devaluation, redenomination, and recovery.
