adverts
BoG Launches Year-Long Nationwide Programme to Mark 60 Years of the Cedi
The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has announced a nationwide, year-long programme of activities to mark the 60th anniversary of the Ghana cedi, describing the initiative as a journey of national rediscovery that will reconnect citizens to the story and significance of the country’s currency.
Speaking at the official launch of the Cedi@60 celebrations in Accra, Dr Asiama said the initiative goes beyond a ceremonial commemoration, noting that it aims to deepen public understanding of Ghana’s economic evolution and the pivotal role of the cedi in shaping national identity.
“This morning we gather not only to mark a milestone but also to begin a national journey—a journey of rediscovery,” the Governor stated. “Over the next twelve months, we will embark on a nationwide and inclusive programme of activities that reaches from urban centres to remote towns, from classrooms to boardrooms.”
adverts
According to him, the Cedi@60 campaign will feature public lectures, currency exhibitions, community dialogues, school tours, and digital engagement platforms designed to bring the history, resilience, and transformation of the Ghana cedi closer to the people.
“The City at Sixty initiative is more than a celebration of longevity. It is a national education effort that will involve policymakers, historians, students, and innovators. We want to bring the story of the cedi home—from pounds to pesewas, from coins to QR codes,” he said.
Dr Asiama revealed that the year-long programme will include diaspora engagements focusing on remittances and international trust, as well as special publications and legacy projects aimed at leaving a lasting educational footprint.
He emphasised that the cedi remains not only a store of value but also a symbol of sovereignty and confidence—one that reflects Ghana’s determination to define and defend its own monetary destiny.
“When we celebrate the cedi, we celebrate our journey toward economic self-reliance and national confidence,” Dr Asiama said. “Sixty years ago, when Ghana said farewell to the pound and introduced the cedi, we were affirming our independence—not just politically, but economically.”
Reflecting on recent economic challenges, the BoG Governor acknowledged the period when Ghana’s cedi became one of the world’s weakest currencies and inflation soared above 50%. However, he noted that through “difficult but coordinated policy actions”, the country had now turned a decisive corner.
“Headline inflation is now at 9.4% as of September 2025, the cedi has appreciated by 37% as of mid-October, and Ghana’s gross international reserves stand at around $12 billion,” he said. “According to the World Bank, the cedi was the best-performing currency in Sub-Saharan Africa in the first eight months of 2025.”
He attributed these gains to fiscal discipline and monetary coordination under the leadership of President John Dramani Mahama and the Vice President, adding that they represent “a compelling sign that Ghana’s economic recovery is real and sustainable.”
The Governor also paid tribute to past leaders, including Dr Kwame Nkrumah, the nation’s first president, and the early governors of the Central Bank whose foresight and integrity built the foundation for today’s financial stability.
He lauded the staff of the Bank of Ghana — past and present — for their professionalism in safeguarding national economic stability, as well as partners at the Ministry of Finance, commercial banks, and regulatory institutions.
“At the end of the day, it is the trust of the Ghanaian people that gives the cedi its strength,” Dr Asiama said.
The Cedi@60 celebrations will run through 2026, with key events planned across all sixteen regions, highlighting Ghana’s journey from monetary independence to digital innovation in currency systems.
Click the link Puretvonline.com | WhatsApp Channel to join the WhatsApp channel
GOT A STORY?
Contact/WhatsApp: +233243201960 or manuelnkansah33@gmail.com
