From GH¢17 to GH¢14: Ato Forson's Impact on the Cedi in Just 4 Months

Finance Minister Dr. Cassiel Ato Forson has been receiving widespread praise after only four months in office, with many noting a significant improvement in the performance of the Ghanaian Cedi against the US dollar. Among his admirers is popular online commentator Albert Nat Hyde, widely known as Bongo Ideas, who has lauded the minister’s efforts. According to Bongo Ideas, Dr. Ato Forson has overseen the Cedi’s strengthening from GH¢17 to GH¢14 against the dollar within a short period. In his post on X, he observed the steady progression: “4 months in office, Ato Forson has moved the dollar down from 17ghc to 16ghc to 15ghc & now at 14ghc and this is projected to hit 12ghc by mid year! Ofori-Atta & Bawumia couldn’t accomplish half of this in 8 years. Fiscal discipline! Aban Papa Aba!” He further pointed out that the performance of the Cedi under Ato Forson surpasses the achievements of former Finance Minister Ken Ofori-Atta and former Vice President Dr. Mahamudu Bawumia, who w...