Ellen Ama Daaku, a member of the Communications Team for the New Patriotic Party (NPP), made an appearance on Angel FM’s “Angel in the Morning” program on Monday, May 12, 2025.
She commended Dr. Cassiel Ato Forson, the finance minister, for stabilizing the cedi during the program, but she also tasked him with keeping it stable in relation to the US dollar. She also challenged him to make sure the cedi does not become a nine-day wonder and stays strong for a long time.
She urged for transparency in the government’s economic policy and underlined the significance of maintaining the recent advances in the value of the cedi.
Finance Minister Ato Forson reassured Ghanaians that the recent cedi appreciation is a product of careful and prudent economic planning rather than a passing fad in response to worries about the stability of the currency.
“What you are seeing, the appreciation of the cedi will not only continue but will be sustained,” highlighting the government’s commitment to implementing strategic policy decisions to ensure the cedi remains strong.
As of early May 2025, the cedi has gained value against major foreign currencies, with the interbank exchange rate standing at GH¢13.29 to the US dollar, improving from over GH¢16 earlier in the year.
The efficacy of the government’s budgetary policies and Ghana’s economic recovery are both viewed favorably by this perspective.
Ellen Ama Daaku’s challenge underscores the opposition’s scrutiny of the government’s economic management and the importance of maintaining currency stability for the country’s financial well-being.
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
