In welcome remarks for the Cedi@60 International Currency Conference, the Bank of Ghana’s Governor, Dr. Johnson Pandit Asiama, set out the central bank’s focus on managing the joint evolution of cash and digital money, including ongoing work on payments modernisation and the eCedi. The Governor pointed to global shifts driven by expanding digital payments, rising interest in central bank digital currencies and tokenised instruments, and the use of artificial intelligence in authentication and security, alongside heightened geopolitical and technology-related vulnerabilities. He also highlighted efforts to re-anchor the cedi as the “unquestioned” medium of exchange by addressing pressures from currency substitution and dollarisation, while emphasising that cash remains important for inclusion and resilience and that any expansion of digital channels should be secure and interoperable. The two-day event in Accra forms part of the year-long Cedi@60 celebrations and is positioned as a forum for cross-border collaboration among central banks and the wider currency, payments, and security ecosystem.
Bank of Ghana 2025-11-18
Bank of Ghana highlights payments modernisation, the eCedi and efforts to curb dollarisation in Cedi@60 conference remarks
At the Cedi@60 International Currency Conference, Bank of Ghana Governor Dr. Johnson Pandit Asiama emphasized the central bank's focus on managing cash and digital money evolution, including payments modernization and the eCedi. He highlighted global trends in digital payments, central bank digital currencies, and AI in security, while addressing currency substitution and dollarisation pressures. The event in Accra is part of the Cedi@60 celebrations, promoting cross-border collaboration among central banks and the currency ecosystem.