Ghana’s cedi turnaround signals economic progress…Finance Minister

Story By: Akua Oteng Amponsah

The Bank of Ghana Governor, Dr. Johnson Pandit Asiama, attributes the recent appreciation of the Ghanaian cedi to four key economic pillars: robust external buffers, prudent monetary policy, coordinated fiscal consolidation, and renewed investor confidence.

“It has strengthened significantly, supported by robust external buffers, prudent monetary policy, coordinated fiscal consolidation, and renewed investor confidence,” he said. “We now have to move from stabilisation to sustainability and from headline gains to real sector benefits,” he added.

Dr. Asiama underscored that the strengthened economic fundamentals are contributing to a more resilient macroeconomic environment.

The event brought together stakeholders from across the financial, business, and policy sectors to deliberate on strategies for consolidating Ghana’s economic progress.

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