Vice President urges BoG to collaborate to ensure smooth cedi transactions

The Vice President, Prof. Jane Naana Opoku-Agyemang, has called on the Bank of Ghana (BoG) to strengthen collaboration with financial institutions, businesses, innovators, and relevant stakeholders to make transactions in the cedi (₵) easier and more accessible across the country.

Speaking at the launch of the Bank of Ghana’s 60th anniversary of the cedi, the Vice President emphasised the importance of building a financial ecosystem that supports seamless transactions, digitally and physically, regardless of one’s location.

“I encourage the Bank of Ghana to work more closely with businesses, banks and innovators to make it easier to transact in cedi at home, online and across all borders,” she said.

She noted that improving the ease of transacting in the local currency would help deepen financial inclusion, reduce reliance on foreign currencies, and boost confidence in the Ghanaian monetary system.

The Vice president added that “Restoring confident in the cedi is also a national responsibility.”

She then acknowledged the efforts of the Ministry of Finance and the Bank of Ghana in ensuring macroeconomic stability and restoring market confidence.

“Let me acknowledge the role of the Ministry of Finance under Dr. Cassiel Ato Forson and the Bank of Ghana under the Governor, Dr Johnson Asiamah, and all his generals. I acknowledge all of you. Through tight monetary policy and engagement with the public, the Bank has helped to anchor expectations and restore some level of credibility to our market,” she said.

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