Promote responsible use of Cedi – President Mahama to Bank of Ghana
President John Dramani Mahama has called for intensified nationwide public education on the use of Ghana’s national currency, stressing that a modern currency system requires not only strong institutions but also an informed and responsible public.
Speaking at the Currency Anniversary Conference on Tuesday, November 18, President Mahama identified three key areas where public education should be strengthened to support the stability and integrity of the cedi.
He urged the Bank of Ghana to encourage the use of the cedi in all domestic transactions, noting that widespread adoption strengthens economic stability and reduces unnecessary exposure to exchange rate fluctuations.
President Mahama also highlighted the importance of proper currency handling. Poor handling, he said, increases printing costs, shortens the lifespan of notes in circulation, and undermines the integrity of the currency.
“We must promote responsible use of the cedi,” he emphasised, urging citizens to adopt sound practices in managing money.
Finally, he stressed the need to improve financial literacy, arguing that an informed public is better equipped to prevent fraud and hold institutions accountable, thereby contributing to a more resilient and trustworthy monetary system.
