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    Ghanaian Economist Predicts Cedi Fall Despite Recent Gains

    Ghanaian Economist Warns of Cedi Depreciation Despite Recent Gains ACCRA, GHANA – Despite the recent appreciation of the Ghanaian cedi against major currencies, Dr. Vladimir Antwi-Danso, a Senior Fellow at the Institute of Economic Affairs, has warned that the currency could depreciate significantly by December 2025. Dr. Antwi-Danso, speaking in an exclusive interview with Channel One TV, pointed to underlying structural weaknesses within Ghana's economy as the primary reason for his concern. "The cedi appreciation has become a political thing," Dr. Antwi-Danso stated, highlighting the tendency for governments to prioritize short-term gains over long-term solutions. He emphasized the need for a fundamental shift towards an export-led economic model to ensure sustainable currency stability. He warned that the current situation, while seemingly positive, is not sustainable without addressing the deeper economic issues. Dr. Antwi-Danso's analysis underscores the importance of long-term economic planning and diversification for Ghana's economic health. His comments serve as a cautionary note, urging policymakers to consider the potential consequences of relying on short-term solutions rather than implementing structural reforms.

    2 months ago
    GH
    Ghana
    interview
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