Story By: Akua Oteng Amponsah
Bank of Ghana Governor Dr. Johnson Asiama has reaffirmed the central bank’s commitment to protecting the value of the cedi and strengthening public trust in the national currency.
Speaking at the internal launch of the Cedi@60 anniversary celebration, Dr. Asiama noted that the Bank has implemented key reforms to preserve monetary stability.
“The Bank has strengthened our inflation-targeting framework, enhanced regulatory oversight, and embraced innovation across payment systems,” he said, crediting the Bank’s staff for the gains made over the years. “These reforms are the result of the diligence and professionalism of Bank staff, past and present.”
Looking ahead, Dr. Asiama emphasized that the future of the cedi must be shaped by digital finance, the African Continental Free Trade Area (AfCFTA), climate change, and growing global interconnectedness.
“We must ensure that future generations inherit not just a stable currency, but a stronger, more respected economy,” he stated.
Dr. Asiama called on staff to see the cedi’s legacy as a call to action, urging them to “recommit to the mission of preserving its strength, supporting price stability, and advancing inclusive growth.” He praised the role played by Bank staff, retirees, and pioneers in sustaining the currency’s strength over the decades, expressing his “deepest appreciation for all the work done over the years.”
The Cedi@60 anniversary celebration will run for six months, featuring various activities, including a public lecture, policy dialogues, educational outreach, a historical exhibition, and a national currency conference. The celebration theme is “60 Years of the Cedi: A Symbol of Sovereignty, Stability, and Economic Resilience”.
