Bank of Ghana Governor, Dr. Johnson Asiama, has urged Ghanaians to view the protection and stability of the cedi as a collective responsibility, stressing that no single institution can safeguard the currency alone.
He made the call at the Cedi @ 60 Currency Conference at Accra International Conference Center in Accra, where policymakers, economists, and industry leaders gathered to reflect on six decades of the national currency.
Dr Asiama encouraged participants to fully engage in the discussions, describing the future of the cedi as a shared national project.
“Protecting the cedi is not the task of any one institution. It is a shared endeavour rooted in our belief in Ghana’s future,” he said, emphasising the need for unity and common purpose in strengthening the currency.
He explained that the cedi’s stability is tied not only to macroeconomic policies but also to everyday confidence shown by citizens.
According to him, every Ghanaian, from schoolchildren learning to count to traders and entrepreneurs powering local commerce, has a role to play in supporting the currency.
“I hope that every Ghanaian, from the child who is learning to count, the trader who is serving the community, the entrepreneur who is building something new, can continue to hold the cedi with unwavering confidence and pride.
“The cedi belongs to all of us, colleagues, because it carries our confidence, our efforts, and our belief in the future of this country,” he emphasized.
He applauded President Mahama and his government for their unwavering support for the country’s economic recovery and development through the Resetting Ghana Agenda, noting that it aligns closely with the central bank’s mandate to protect the currency and ensure long-term prosperity.
“Mr president, your resetting Ghana’s agenda’s emphasis on stability resonates deeply with our mandate as a central bank, which is to safeguard a currency that supports opportunity, confidence, and long-term prosperity for all Ghanaians,” he reiterated.
He further emphasized the crucial role the currency plays in both the economy and society, noting that the cedi has earlier reflected the optimism of Ghanaians shaping their economic future.
“So for 60 years, the cedi has moved with our people, has gone into markets, small shops, farms, truck stations, businesses, and the quiet routine of daily life.
“From its earliest days, the cedi carried the confidence of a young republic charting its own economic destiny. Over the decades, it has mirrored Ghana’s triumphs as well as our struggles,” he stated.
