• Latest
  • Trending
Cedi appreciates 21% in 2025 despite recent decline since July

Finance Minister outlines measures to stabilize cedi amid depreciation

March 18, 2025
UP Chairman Boniface refutes claims he benefited excessively from NPP

UP Chairman Boniface refutes claims he benefited excessively from NPP

October 22, 2025
Attorney General to address the nation in upcoming Government Accountability Series

Attorney General to address the nation in upcoming Government Accountability Series

October 22, 2025
‘Freedom after speech’ now at risk — Afenyo-Markin cautions government

‘Freedom after speech’ now at risk  –  Afenyo-Markin cautions government

October 21, 2025
Enough talk, time for action Afenyo Markin urges parliament to tackle galamsey head-on

Enough talk, time for action Afenyo Markin urges parliament to tackle galamsey head-on

October 21, 2025
Sanae Takaichi makes history as Japan’s first woman to lead the Nation

Sanae Takaichi makes history as Japan’s first woman to lead the nation

October 21, 2025
Sacking me from the party was a poor show of leadership – Abubakar Siddique Boniface tells NPP

Sacking me from the party was a poor show of leadership – Abubakar Siddique Boniface tells NPP

October 21, 2025
"I was set to be Akufo-Addo's running mate; I withdrew" - Abubakar Siddique Boniface reveals

“I was set to be Akufo-Addo’s running mate; I withdrew” – Abubakar Siddique Boniface reveals

October 21, 2025
Speaker Bagbin refers Chief Justice nominee Justice Baffoe-Bonnie to Appointments Committee

Speaker Bagbin refers Chief Justice nominee Justice Baffoe-Bonnie to Appointments Committee

October 21, 2025
Dr. Timothy Karikari hosts industry connect 2.0 to bridge learning and practice

Dr. Timothy Karikari hosts industry connect 2.0 to bridge learning and practice

October 21, 2025
Education Minister Cautions Headteachers Against Denying Placements and Charging Illegal Fees

Education Minister cautions headteachers against denying placements and charging illegal fees

October 21, 2025
GNAT Urges Government Support for Family of Slain Garu Headteacher

GNAT urges government support for family of slain Garu headteacher

October 21, 2025
Speaker Bagbin swears in newly elected MPs for Akwatia and Tamale Central

Speaker Bagbin swears in newly elected MPs for Akwatia and Tamale Central

October 21, 2025
Happy Ghana
Advertisement
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home News

Finance Minister outlines measures to stabilize cedi amid depreciation

in News, Top Story
Cedi appreciates 21% in 2025 despite recent decline since July
Share on FacebookShare on TwitterShare on Whatsapp

 

Finance Minister Dr. Cassiel Ato Forson has outlined measures aimed at stabilizing the Ghanaian cedi, following its significant depreciation in recent months.

He attributed the depreciation to increased demand from energy sector payment and commerce.

He was responding to a question from Mavis Nkansah Boadu, Member of Parliament for Afigya Sekyere East, who sought to know the measures the Ministry of Finance was implementing to address the sharp decline of the local currency.

Dr. Forson assured the House that the government, in collaboration with the Bank of Ghana (BoG), had taken steps to curb the rapid decline.

He noted that the cedi had shown relative stability since February 19, following interventions by the central bank to boost liquidity and restore market confidence.

To sustain this stability, he announced that the government had established a Ghana Gold Board to enhance the country’s foreign currency reserves.

He said the board will ensure the central bank has enough forex reserves to intervene in the market when necessary.

Additionally, he disclosed that the Bank of Ghana would continue implementing its foreign exchange forward auction policy to further stabilize the cedi.

He added that the government was also intensifying fiscal consolidation efforts, including reducing expenditure, to ease pressure on the currency.

Dr. Forson further stated that the government would introduce new measures under the 24-hour economy policy, which will focus on import substitution and boosting local production.

These strategies, he said, would be presented to Parliament in the coming days.

“I believe that in the coming days, the Ghana cedi will see some significant stability and improve from its current state,” he assured.

Tags: Bank of Ghana (BoG)Dr. Cassiel Ato Forsonfinance ministerGhanaian cedi

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

Minority Leader demands timeline for Ashanti Regional Council of State election investigation

Next Post

New IGP’s ‘real’ age will be calculated at the right time – Minority Leader

Next Post
New-IGP’s-'real'-age-will-be-calculated-at-the-right-time-Minority-Leader

New IGP’s 'real' age will be calculated at the right time - Minority Leader

Search

No Result
View All Result

Listen Live

Happy Kaseɛbɔ 600AM news bulletin
Happy Kaseɛbɔ 600AM news bulletin

BBC Match of the Day Africa

Happy Ghana

Recent News

  • UP Chairman Boniface refutes claims he benefited excessively from NPP
  • Attorney General to address the nation in upcoming Government Accountability Series
  • ‘Freedom after speech’ now at risk  –  Afenyo-Markin cautions government
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.