Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has dismissed fears of a weakening Ghanaian Cedi, expressing optimism that the currency will remain stable despite growing concerns about its performance.
Speaking in an exclusive interview with Channel One TV on Wednesday, March 12, 2025, Dr. Forson emphasized the government’s commitment to protecting the Cedi through sound economic management.
His reassurance comes in response to concerns raised by the Bank of Ghana’s Governor, Dr. Johnson Asiama, who warned that declining Treasury Bill (T-Bill) rates could trigger depreciation.
While acknowledging these concerns, Dr. Forson remained confident, asserting that the government’s economic strategies are robust enough to maintain stability.
“I have faith in the Cedi. I believe that the Cedi will do well based on the fundamentals and the work that we have done so far,” he stated.
The minister further assured Ghanaians that the government is actively monitoring economic trends and taking proactive measures to prevent volatility.
He urged investors and the public to remain confident, highlighting that Ghana’s financial policies are designed to foster long-term economic stability and growth.