BoG Governor Reaffirms Commitment to Cedi Stability as Ghana Marks Cedi@60
Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has reaffirmed the central bank’s unwavering commitment to safeguarding the value of the cedi and bolstering public confidence in Ghana’s national currency.
Speaking at the internal launch of the Cedi@60 anniversary celebration held at the Bank Square, Dr. Asiama highlighted the critical reforms undertaken by the central bank over the years to preserve monetary stability and ensure resilience in the face of global economic headwinds.
“The Bank has strengthened our inflation-targeting framework, enhanced regulatory oversight, and embraced innovation across payment systems,” he stated, while commending the diligence and professionalism of BoG staff, both past and present, for the progress made.
Dr. Asiama stressed that the future trajectory of the cedi must be shaped by emerging trends such as digital finance, the African Continental Free Trade Area (AfCFTA), climate change, and increasing global interconnectedness.
“We must ensure that future generations inherit not just a stable currency, but a stronger, more respected economy,” he said.
Calling on central bank staff to view the cedi’s legacy as a collective call to action, Dr. Asiama urged renewed dedication to the mission of preserving the cedi’s strength, maintaining price stability, and promoting inclusive growth.
The Governor also paid tribute to BoG retirees, pioneers, and current staff for their role in sustaining the currency over the past six decades, expressing his “deepest appreciation for all the work done over the years.”
Dr. Asiama announced that today’s event marks the beginning of a six-month-long celebration of the cedi’s 60th anniversary, under the theme: “60 Years of the Cedi: A Symbol of Sovereignty, Stability, and Economic Resilience.”
Planned activities for the Cedi@60 celebrations include:
The official launch on August 8 at the Accra International Conference Centre,
Public lectures and policy dialogues on the past, present, and future of the cedi,
Educational outreach programmes, particularly targeting the youth,
A historical exhibition chronicling the evolution of the cedi, and
A national currency conference to close the celebrations at year-end.
The anniversary, Dr. Asiama noted, is not only a moment to reflect on the cedi’s journey but also to chart a path for its continued role as a symbol of Ghana’s sovereignty, stability, and economic resilience.
