A lecturer at the University of Ghana Business School, Professor Godfred Bokpin, has linked the recent appreciation of the cedi against major foreign currencies to what he described as painful but necessary economic reforms and fiscal discipline at the highest level of government.
Speaking on TV3's current affairs show, The KeyPoints, on May 24, Prof.
Bokpin credited the rebound of the cedi to a mix of decisive leadership, fiscal backing, and corrective policy decisions reflected in the 2025 budget. "You can see leadership here from the highest level.
You can see painful choices that are manifesting in what we are seeing," he stated, while responding to the topic: What accounts for the appreciation of the value of the cedi?
