By Love Wilhelmina Abanonave
Vice President of the Republic of Ghana, Professor Jane Naana Opoku-Agyemang, has commended the appreciation of the Ghanaian cedi, comparing how low-performing it was in 2022 to how high-performing it has become in 2025.
“According to Bloomberg, the Ghana cedi, branded the worst-performing currency in the world in 2022, became, in 2025, the best-performing currency globally,” she said.
Speaking at the official launch of Cedi @ 60 in Accra on Tuesday, October 28, 2025, Professor Opoku-Agyemang commended the Finance Minister, Dr. Cassiel Ato Forson, and the Governor of the Bank of Ghana, Dr. Johnson Asiama, for the good work done in that regard.
According to her, a reliable cedi helps businesses and industries plan and compete effectively while attracting long-term investments.
Referencing Ghanaian farmers, she stated that cedi stability means the cost of farm inputs does not spiral out of control from one season to the next.
She added that a reliable cedi for the public sector means better debt management and frees enough resources for infrastructure, and for students and young people, it means fees, books, and jobs are more predictable.
Addressing the gathering, the Vice President lamented how the nation had weathered domestic and global storms, notably the structural adjustment of the 1980s, the 2008 global financial crisis, the domestic debt exchange, and some of the most recent economic crises, but had also learned painful lessons from fiscal indiscipline, overborrowing, and ignoring tried principles.
She also commended how high the cedi had soared, citing that it had not only recovered but also soared.
“Confidence is returning to the markets, to investors, and slowly but surely to our people,” she concluded.
