{"id":38552,"date":"2025-03-12T23:17:46","date_gmt":"2025-03-12T23:17:46","guid":{"rendered":"https:\/\/sotnews.agency\/?p=38552"},"modified":"2025-03-12T23:17:46","modified_gmt":"2025-03-12T23:17:46","slug":"ive-faith-in-the-cedi-weve-worked-on-it-finance-minister","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=38552","title":{"rendered":"I\u2019ve faith in the Cedi; we\u2019ve worked on it \u2013 Finance Minister"},"content":{"rendered":"<div class='booster-block booster-read-block'>\n                <div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>1 Minute, 10 Second                <\/div>\n\n            <\/div><div>\n<p>The Minister for Finance, Dr Cassiel Ato Forson, has expressed confidence in the stability of the Ghanaian Cedi, stating that it will perform well despite concerns about potential depreciation. <\/p>\n<p>Speaking in an interview with Channel One TV on Wednesday, 12 March, Dr Forson reaffirmed the government\u2019s commitment to maintaining a strong currency through sound economic policies and fiscal discipline.<gwmw style=\"display:none;\"><\/gwmw><\/p>\n<p>His remarks come in response to recent comments by the Governor of the Bank of Ghana, Dr Johnson Asiama, who warned that the recent decline in Treasury Bill (T-Bill) rates could lead to a depreciation of the Cedi. <\/p>\n<p>The Governor\u2019s concerns have sparked discussions about the currency\u2019s future performance and the broader implications for the economy.<gwmw style=\"display:none;\"><\/gwmw><gwmw style=\"display:none;\"><\/gwmw><\/p>\n<p>Dr Forson, however, remained optimistic, insisting that the fundamentals of the economy, coupled with the measures implemented by the government, would sustain the Cedi\u2019s strength. <\/p>\n<p>\u201cI have faith in the Cedi. I believe that the Cedi will do well based on the fundamentals and the work that we have done so far. I believe that the Cedi will perform well,\u201d he stated.<gwmw style=\"display:none;\"><\/gwmw><\/p>\n<p>The Minister assured the public that the government continues to monitor economic trends and take proactive steps to stabilise the currency. <\/p>\n<p>He urged investors and the general public to remain confident in the country\u2019s financial outlook, emphasising that Ghana\u2019s economic policies are designed to promote long-term stability and growth.<gwmw style=\"display:none;\"><\/gwmw><\/p>\n<\/div>\n        <div class=\"booster-block booster-reactions-block\">\n            <div class=\"twp-reactions-icons\">\n                \n                <div class=\"twp-reacts-wrap\">\n                    <a react-data=\"be-react-1\" post-id=\"38552\" class=\"be-face-icons un-reacted\" href=\"javascript:void(0)\">\n                        <img decoding=\"async\" src=\"https:\/\/sotnews.agency\/wp-content\/plugins\/booster-extension\/\/assets\/icon\/happy.svg\" alt=\"Happy\">\n        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stability of the Ghanaian Cedi, stating that it will perform well despite concerns about potential depreciation. Speaking in an interview with Channel One TV on Wednesday, 12 March, Dr Forson reaffirmed the government\u2019s commitment to maintaining a strong currency through sound economic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-38552","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-blog"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/38552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38552"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/38552\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}