President John Dramani Mahama has touted significant improvements in Ghana’s macroeconomic stability, highlighting the cedi has been ranked the best-performing currency worldwide this year.
Speaking to investors in Tokyo on August 19, 2025, the President expressed optimism about Ghana’s economic trajectory.
“I am happy to announce that this year, the Ghana cedis has been the best performing currency in the world,” he said.
President Mahama also reported a sharp decline in inflation, which has fallen from 23.5% at the start of the year to 12.1% in July.
He affirmed that Ghana is on track to end 2025 with single-digit inflation, close to the revised year-end target of 12%, down from an earlier projection of 16%.
“Inflation rose to a high of 23% in 2024 and it`s currently down to 13.7% but we expect that by the end of the year it would hit single digit.
“We are re-establishing macro-stability and growth momentum of the economy,” he added.
The President’s trip to Japan is part of Ghana’s broader strategy to strengthen economic partnerships and attract foreign investment. The visit included meetings with key business leaders and potential investors, aimed at boosting trade ties and securing support for Ghana’s development agenda.
This positive economic update comes amid efforts to enhance fiscal discipline and implement reforms to sustain growth, restore investor confidence, and maintain currency stability.
By Coffie Mawuedem Noel
