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Home Business

Cedi stability a result of discipline, not chance – Vice President Opoku-Agyemang

Kumasi Mail by Kumasi Mail
October 30, 2025
in Business
0
Vice President Prof Opoku-Agyemang launches PANAFEST 2025
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Vice President Prof. Nana Jane Opoku-Agyemang has emphasized that the current stability of the Ghanaian cedi is a reflection of prudent economic management and discipline, not a mere stroke of luck.

Speaking at the 14th Ghana Economic Forum 2025 in Accra, the Vice President said the government’s sound fiscal policies and structural reforms have begun yielding tangible results, evidenced by the steady appreciation of the cedi and a sharp decline in inflation.

“The stability of the cedi is not a gift; it is a sign of discipline,” she stated, adding in Twi, “Cedi no apicki,” meaning “the cedi has strengthened.”

According to Prof. Opoku-Agyemang, inflation has dropped to 9.4%, signaling growing economic stability and renewed investor confidence in Ghana’s financial system.

She noted that the country’s gold reserves have multiplied, bolstering the nation’s financial resilience and foreign exchange position.

The Bank of Ghana’s Care Policy and the Gold Board initiatives, she added, have been instrumental in rebuilding confidence among both local and international investors.

“Investors are returning, with renewed confidence from home and abroad,” she said, stressing that the economic recovery plan is designed not just to stabilize markets, but to create inclusive growth opportunities.

The Vice President further highlighted the government’s commitment to empowering small businesses and the youth, describing them as critical drivers of innovation, productivity, and long-term national prosperity.

The Ghana Economic Forum, now in its 14th year, brings together policymakers, business leaders, and economists to deliberate on strategies for sustaining economic growth and ensuring fiscal discipline in the years ahead.

Source :www.kumasimail.com

Tags: Prof. Jane Naana Opoku-AgyemangtopstoryVice President
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