Accra, Ghana - Renowned economist Professor Lord Mensah has expressed strong optimism about the future performance of the Ghanaian Cedi, predicting that it will trade at GH¢10 to the US dollar once the government's proposed 24-Hour Economy and agricultural policies fully take effect.

Speaking on his X (formerly Twitter) page on Saturday, May 3, 2025, Professor Mensah attributed the recent appreciation of the Cedi to the current administration's fiscal consolidation and financial discipline measures. He believes that these positive trends will be significantly amplified once the flagship 24-Hour Economy initiative and the revamped agricultural policies are implemented across the country.

"The cedi is just appreciating on the heels of fiscal consolidation and financial discipline by the current administration," Professor Mensah stated. "By the time 24-hour economy and agriculture policies kick in, the Cedi will be selling at 10 Cedis to the dollar. Let me go change my dollars, quick."

His statement comes at a time when the Cedi has seen some marginal gains, trading below GH¢14 against the dollar after starting the year at around GH¢16. While initial improvements were linked to global dollar performance, recent government actions are believed to have bolstered these gains.

The 24-Hour Economy policy aims to stimulate economic activity and create employment by encouraging businesses to operate around the clock. Proponents believe this will lead to increased productivity, better utilization of resources, and overall economic growth. Similarly, the government's agricultural policies are geared towards boosting local production, ensuring food security, and potentially increasing foreign exchange earnings through exports.