Vice President Professor Naana Jane Opoku-Agyemang has urged Ghanaians to safeguard recent economic gains by maintaining fiscal discipline, transparency, and accountability across all sectors of governance and society. She made the call on Tuesday at the launch of the Ghana Cedi at 60 celebration in Accra.
Speaking at the event, the Vice President said the 60th anniversary of the cedi was not only a moment of pride but also a time for reflection on Ghana’s economic journey, from independence to the present.
“The cedi has borne witness to our achievements and also our problems. Indeed, our currency is a social contract that reflects our confidence in our institutions and economy,” she stated.
Prof. Opoku-Agyemang noted that macroeconomic stability must be understood in real human terms — as an improvement in the quality of life rather than a mere technical measure.
“A reliable cedi helps businesses and industries to plan and compete effectively, attract long-term investments, and support our farmers and households through stable prices and predictable costs,” she said.
Highlighting recent economic recovery, she referenced reports by Bloomberg showing that the Ghana cedi, once ranked the world’s worst-performing currency in 2022, had by 2025 become the best-performing globally.
However, she cautioned that “trust in the cedi will not sustain itself,” emphasising that confidence must be maintained through prudent management and consistent discipline.
“Government must lead by example and commit to real fiscal discipline. No more reckless borrowing or citing deficits that pass today’s problems to tomorrow’s generations. Let every loan be tied to a return and every cedi spent to a corresponding value,” she said.
The Vice President also underscored the need to protect the independence of the Bank of Ghana and to uphold the legal tender status of the cedi.
Prof. Opoku-Agyemang commended the Bank of Ghana’s regulatory strides and fintech innovations, including the ongoing development of the eCedi, a digital form of Ghana’s currency.
“Once fully scaled, the eCedi will modernise our payment systems and ensure that even in a cashless future, the cedi retains its importance,” she said, adding that digital inclusion must accompany digital innovation so that “the benefits of financial technology reach everyone.”
The Vice President paid tribute to Dr Kwame Nkrumah, the early governors of the Bank of Ghana, and generations of reformers who sustained the currency’s legacy.
