Cedi will remain stable against major foreign currencies – Ato Forson

Finance Minister Dr. Cassiel Ato Forson assured Parliament about the stability of the Ghanaian Cedi. He stated that foreign exchange earnings from the Ghana Gold Board will support this stability. These funds will go to the Bank of Ghana (BoG) to strengthen reserves.

Dr. Forson emphasized his commitment to currency stability, reducing prices, and creating jobs. He spoke during the debate on the Energy Sector Levy Amendment Bill on June 4. He said, “I want to assure the people of Ghana that the currency will remain stable.”

He added that the Cedi is performing well and this trend will continue. Dr. Forson mentioned that in May, the Ghana Gold Board bought