Vice President Professor Naana Jane Opoku-Agyemang has called on the Bank of Ghana (BoG) to strengthen its collaboration with commercial banks and the wider business community in order to preserve the progress made in stabilizing the Cedi and to fully restore confidence in the national currency.
Addressing the Cedi@60 anniversary celebration in Accra, the Vice President stressed that rebuilding trust in the Ghanaian currency demands joint efforts between the central bank, financial institutions, and the private sector.
“The Bank of Ghana must continue to work closely with banks, businesses, and market players to strengthen stability and rebuild confidence in the Cedi,” she emphasized.
She observed that although recent figures point to positive signs of recovery—such as a stronger Cedi and declining inflation—these improvements must be safeguarded through discipline and cooperation.
The Vice President further urged the Ministry of Finance to maintain strict fiscal discipline, stressing that responsible public expenditure and effective debt management are essential for sustaining macroeconomic stability.
“The Ministry of Finance must continue to uphold fiscal responsibility. Monetary stability can only be effective when supported by sound fiscal policies,” she remarked.
Professor Opoku-Agyemang also praised the Bank of Ghana for its bold policy interventions in recent years, which have contributed to reducing inflation, stabilizing the Cedi, and restoring investor confidence.
She reaffirmed that the government remains dedicated to working hand in hand with the central bank and other economic stakeholders to build a resilient, self-sufficient economy capable of withstanding future global shocks.
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