President John Mahama has credited the Ghana Cedi’s recent rebound to strong foreign exchange inflows and strategic policy measures.
He said gross international reserves rose from $8.9 billion in December 2024 to $10.6 billion in April 2025. This, he noted, shows growing investor confidence and stronger financial stability.
Mahama spoke at the Ghana–EU Business Forum in Accra on Tuesday, May 20. The event focused on deepening trade and investment ties between Ghana and the EU.
“The Cedi, which lost 19.3% of its value in 2024, has appreciated by 3.9% in 2025,” he stated. He attributed this to improved forex inflows, better trade balances, and renewed investor trust.
He added that fiscal reforms are ongoing. Ghana’s fiscal deficit dropped from 7.5% of GDP in 2024 to 6.4% in mid-2025, with a target of 3.1% by year-end.
President Mahama assured investors of stable governance, contract enforcement, and a reformed business environment to boost investor confidence.
