June 8, 2025
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Deputy Finance Minister Urges Diasporans to Continue Sending Remittances Despite Cedi Appreciation

In a bid to foster economic stability and growth, Deputy Finance Minister Thomas Nyarko Ampem has reached out to Ghanaians living abroad, encouraging them to persist in sending remittances and investing in their home country. This call comes amidst a period where the Ghanaian cedi shows signs of appreciation, typically a circumstance that might deter diasporans from continuing their financial support.

The relationship between the diaspora community and their home country is a vital link that goes beyond mere financial transactions. Remittances not only provide crucial monetary support to families but also contribute significantly to the overall economic health of the nation. It is a testament to the interconnectedness of global economies and the enduring bond that ties individuals to their roots.

As Deputy Finance Minister Ampem articulates the importance of diaspora contributions, he underscores the government’s unwavering commitment to upholding the currency stability of the cedi. This assurance is pivotal in assuaging concerns that fluctuating exchange rates may diminish the value of remittances sent by Ghanaians abroad.

“The diaspora plays a key role in sustaining our economy, and their continued support is invaluable in driving progress and development,”

notes Deputy Finance Minister Ampem. His acknowledgment of the diaspora’s significant impact highlights a deep understanding of the multifaceted benefits that arise from their engagement.

Beyond the immediate financial implications, the act of sending remittances holds profound social and cultural significance for both the sender and the recipient. It serves as a lifeline for many families, enabling access to education, healthcare, and other essentials that contribute to an improved quality of life. Moreover, these transfers of love and support bridge geographical distances, strengthening familial bonds and nurturing a sense of unity across borders.

Amidst the backdrop of a strengthening cedi, the Deputy Finance Minister’s appeal underscores the enduring need for diaspora contributions, emphasizing that their investments are pivotal not only in times of currency fluctuations but as a continuous stream of support that propels national prosperity.

“The diaspora’s ongoing commitment to Ghana’s growth is a testament to their unwavering dedication to their homeland,”

highlights Deputy Finance Minister Ampem. This recognition of diasporans as integral partners in the nation’s advancement underscores a symbiotic relationship built on mutual trust and shared aspirations for progress.

The broader implications of sustaining diaspora remittances extend far beyond immediate economic benefits. They signal a profound sense of belonging, responsibility, and solidarity that transcends borders and resonates deeply within the collective consciousness of the Ghanaian people. The diaspora’s contributions serve as a testament to resilience, generosity, and a shared vision of a prosperous future for all.

In conclusion, Deputy Finance Minister Ampem’s call for diasporans to persist in sending remittances amidst cedi appreciation resonates as a powerful affirmation of unity, resilience, and unwavering support for Ghana’s continued development. It underscores the enduring bond that connects individuals across oceans and continents, weaving a tapestry of shared heritage, aspirations, and progress. As Ghanaians around the world heed this call, they not only bolster the nation’s economy but also reinforce the timeless values of community, reciprocity, and collective advancement.

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