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Finance Minister reiterates commitment to a strong and stable Cedi at 60th Anniversary Launch

by Victor Lavor
October 28, 2025
in News, Top Story
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Minister for Finance, Dr. Cassiel Ato Forson, has reiterated government’s commitment to maintaining a strong, stable, and respected national currency, describing the cedi as “the pride of our nation and a lasting symbol of our economic sovereignty.”

Speaking at the Cedi@60 launch, Dr. Forson said the anniversary marks not just six decades of a national currency, but “a new dawn for the Ghana cedi, one that calls for collective faith, discipline, and national pride.”

“The Ghana cedi is not just a store of value; it is part of who we are. For sixty years, through inflation, redenomination, and recovery, the cedi has endured, and it remains the only legal tender of our Republic,” he declared

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The finance minister emphasized that sustaining the cedi’s strength requires both government action and citizen responsibility. He called on all Ghanaians to “preserve the sanctity of the cedi with dignity and protect it jealously,” warning that pricing goods and services in U.S. dollars undermines the national economy.

“Let me stress once again, the Ghana cedi remains the only legal tender. The U.S. dollar is not our currency. Let us stop pricing in foreign currency, and let’s stop it now,” he urged.

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Dr. Forson said maintaining confidence in the local currency is critical to sustaining the gains made through fiscal discipline and sound economic management. He noted that government remains “steadfast in ensuring that the Ghana cedi remains stable, strong, and reflective of the resilience of our economy.”

He described the Cedi@60 theme: “A Symbol of Sovereignty, Stability, and Economic Resilience” as timely and deeply symbolic of Ghana’s ongoing pursuit of economic independence.

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He commended the Bank of Ghana for steering national efforts to educate citizens about currency handling, financial literacy, and the value of the cedi in shaping Ghana’s economic identity.

“The cedi is our heritage, our pride, and our responsibility. Let us talk about it not as a burden, but as a badge of independence and dignity,” he said.

The finance minister urged both policymakers and citizens to rededicate themselves to nation-building through economic discipline, local confidence, and collective pride in the national currency.

“As we celebrate 60 years of the cedi, let us recommit to building the Ghana we want, one where the cedi remains strong, trusted, and truly ours,” he said,

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