Deputy Finance Minister Thomas Nyarko Ampem has called on Ghanaians living abroad to continue investing and transferring funds home, assuring them that the government is committed to maintaining the stability of the cedi.
Speaking to members of the Ghanaian community in Germany on the sidelines of the Hamburg Sustainability Conference 2025, Mr Ampem addressed concerns that some diaspora members might be delaying remittances and investments due to the cedi's recent appreciation against major foreign currencies. "Don't hold back, because we are going to work hard to make sure the cedi remains strong," Ampem stated. "If you want to wait, hoping that the cedi will depreciate before you transfer money, you are going to be disappointed.
Keep bringing the funds because we need them.
We need the Foreign Direct Investment (FDI)." The Deputy Finance Minister explained the government's efforts to stabilize the local currency and boost economic growth.
