Bank of Ghana (BoG) Governor, Dr. Johnson Asiama, has reaffirmed the central bank’s commitment to protecting the value of the cedi and strengthening public trust in the national currency.
Speaking at the internal launch of the Cedi@60 anniversary celebration at the Bank Square, Dr. Asiama noted that the Bank has over the years implemented key reforms to preserve monetary stability.
“The Bank has strengthened our inflation-targeting framework, enhanced regulatory oversight, and embraced innovation across payment systems,” he said.
He was quick to credit the Bank’s staff for the gains made over the years, emphasizing that “these reforms are the result of the diligence and professionalism of Bank staff, past and present.”
Looking ahead, Dr. Asiama said the future of the cedi must be shaped by digital finance, the African Continental Free Trade Area (AfCFTA), climate change, and growing global interconnectedness.
“We must ensure that future generations inherit not just a stable currency, but a stronger, more respected economy,” he stated.
He called on staff to see the cedi’s legacy as a call to action. “Let us recommit to the mission of preserving its strength, supporting price stability, and advancing inclusive growth,” he urged.
The Governor also praised the role played by Bank staff, retirees, and pioneers in sustaining the currency’s strength over the decades, expressing his “deepest appreciation for all the work done over the years.”
Dr. Asiama announced that today’s event marked the beginning of a six-month celebration of the cedi’s 60th anniversary.
Activities lined up include:
The official launch of Cedi@60 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 to raise awareness, especially among the youth,
A historical exhibition tracing the evolution of the currency, and
A national currency conference at the end of the year.
He said this year’s celebration theme, “60 Years of the Cedi: A Symbol of Sovereignty, Stability, and Economic Resilience”, captures the deeper meaning of what the country is commemorating.
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