President John Dramani Mahama has called for a stronger nationwide effort to educate the public on the use of Ghana’s national currency, emphasizing that a modern currency system depends not only on robust institutions but also on a well-informed and responsible populace.
Speaking at the Currency Anniversary Conference on Tuesday, November 18, President Mahama highlighted three key areas where public education should be enhanced to support the stability and integrity of the cedi.
He urged the Bank of Ghana to promote the use of the cedi in all domestic transactions, noting that broad adoption strengthens economic stability and minimizes unnecessary exposure to exchange rate fluctuations.
President Mahama also stressed the importance of proper currency handling. He noted that poor handling increases printing costs, reduces the lifespan of notes in circulation, and compromises the integrity of the currency. “We must promote responsible use of the cedi,” he said, encouraging citizens to adopt sound money management practices.
Finally, he underscored the need to improve financial literacy, arguing that a well-informed public is better able to prevent fraud and hold institutions accountable, thereby contributing to a more resilient and trustworthy monetary system.
