Audio By Carbonatix
Finance Minister Dr Cassiel Ato Forson has stated that the recent rebound of the Ghanaian cedi is a strong indication that the country’s economic foundations are beginning to stabilise after a period of uncertainty and fiscal pressure.
Delivering the 2025 Mid-Year Budget Review to Parliament on Thursday, July 24, Dr Forson attributed the local currency’s improved performance to decisive policy actions and structural reforms implemented over the past several months.
“The cedi rebound signals that Ghana’s economic foundations are once again beginning to firm up,” the Minister told the House.
“Sustaining this stability will require continued fiscal discipline, supportive monetary policy, strong liquidity stabilisation, robust reserve accumulation supported by the activities of the Ghana Goldbod and credible implementation of structural reforms.”
Dr Forson stressed that the government’s commitment to sound economic management was beginning to yield tangible results, pointing to improved investor sentiment and growing macroeconomic confidence.
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