The Minister for Finance, Dr. Cassiel Ato Forson has declared that Ghana is entering a “new era of economic confidence” as the nation marks 60 years of the Ghana Cedi — a milestone symbolizing the country’s enduring monetary independence and resilience.
Ghana introduced the Cedi in 1965, replacing the Ghanaian Pound, in a historic transition that asserted the nation’s economic sovereignty.
This year’s celebration, themed “60 Years of the Cedi: A Symbol of Sovereignty, Stability and Economic Resilience,” commemorates six decades of Ghana’s currency journey through various phases of inflation, re-denomination, and recovery.
Speaking at the official Cedi@60 launch in Accra on Tuesday, Dr. Forson reaffirmed government’s commitment to maintaining a stable and resilient currency.
“For 60 years, through cycles of inflation, devaluation, re-denomination and recovery, the Cedi remains the symbol of our national sovereignty. It has indeed endured,” he stated.
The finance minister emphasized that fiscal discipline remains a central pillar in government’s economic management strategy.
“Our commitment to fiscal discipline has contributed to the strengthening of the Ghana Cedi,” he noted. “We shall stay the course to ensure that the Ghana Cedi remains stable.”
Dr. Forson further called on Ghanaians to play an active role in protecting the integrity and value of the national currency.
“As citizens, we also have a role to play,” he said. “We must maintain the sanctity of the Cedi as legal tender by preserving it with dignity and protecting it jealously. We must eschew acts that seek to undermine its value, particularly the pricing of goods and services in foreign currency.”
The Cedi@60 celebration serves as both a reflection on Ghana’s economic journey and a renewed commitment to building a more stable, self-reliant financial future.