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“Cedi no apicki paaaa” – Vice President hails steady appreciation of the Cedi

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“Cedi no apicki paaaa” – Vice President hails steady appreciation of the Cedi

Vice President Prof. Naana Jane Opoku-Agyemang

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Vice President Prof. Naana Jane Opoku-Agyemang has emphasized that Ghana’s recent economic rebound is not by chance but the result of deliberate and disciplined choices made to restore confidence and stability.

Speaking at the 14th Ghana Economic Forum 2025 in Accra, she described the story of 2025 as one of cautious hope, highlighting the remarkable turnaround of the cedi and key economic indicators.

“The cedi has strengthened significantly, recovering from the turbulence of a few years ago when it was named the worst performing currency globally. Inflation, which once soared, now stands at 9.4%, and our gold reserves have multiplied. Agreements with creditors have eased debt distress, and fiscal reforms are beginning to bear fruit,” she said.

Prof. Opoku-Agyemang credited the Bank of Ghana’s careful policies, improved export performance, and the GoldBoard’s initiatives for this progress, saying these efforts have boosted investor confidence both locally and internationally.

“These are not miracles, they are the outcomes of deliberate, disciplined choices,” she stressed.

However, she cautioned that the country must not become complacent, urging stakeholders to consolidate the gains made so far.

“To make this recovery durable, we must add value to what we produce, the cedi will never be as strong as it should be if we continue to export cocoa beans instead of chocolate, bauxite instead of aluminum, and gold dust instead of jewelry,” she added .

She praised reforms led by COCOBOD and the GoldBoard to promote value addition, emphasizing that each stage of local processing keeps value within the economy, strengthens the cedi, creates jobs, and upholds national pride.

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