Cedi will continue to be stable – Deputy Finance Minister

Speaking at the National Conference on Housing and Finance, he said a stable cedi would help families manage their housing costs without having to worry about fluctuations in the exchange rate.

The Deputy Finance Minister, Thomas Nyarko Ampem, has assured that the cedi will remain stable, describing the stability of the local currency as a major relief for households seeking to finance their homes.

He noted that access to finance alone would not be enough to address Ghana’s housing affordability challenges, stressing the need for clear land ownership, realistic construction costs, reliable demand and workable infrastructure plans.