The Centre for Policy Scrutiny (CPS) will, on January 19, 202,6 host a major public lecture in Accra to examine Ghana’s efforts to strengthen the cedi by leveraging the country’s vast gold reserves.
The event is expected to attract policymakers, economists, financial sector leaders, and academia as the nation debates bold options for reshaping its monetary architecture.
The lecture, themed “Rich in Gold, Poor in Liquidity: Omnidox and the Reconstruction of Ghana’s Monetary Architecture,” will explore the emerging discourse on Ghana’s move toward gold-backed monetary systems and the implications for liquidity, stability, and long-term economic sovereignty.
According to CPS, the partnership with Accra-based JOYNEWS is based on a shared commitment to deepening the public’s understanding of critical economic reforms. Executive Director of CPS, Dr Adu Owusu Sarkodie, said the discussion could not be more timely as the country continues to confront persistent currency volatility and external financing pressures.
“Ghana remains one of the world’s leading gold producers, yet our economy continues to suffer from chronic liquidity constraints and dependence on foreign capital flows,” he said. “This lecture provides a platform to unpack how resource-backed monetary frameworks can help stabilise expectations, reduce vulnerability, and enhance our domestic financial capacity.”
He added that CPS values the partnership with JOYNEWS because of the broadcaster’s role in shaping national economic conversations and amplifying policy-driven dialogue.
The keynote speaker for the lecture will be Professor Yegandi Imhotep Paul Alagidede, an eminent African economist whose work centres on reimagining development and finance through endogenous, resource-based models. Professor Alagidede is the Bank of Ghana Chair in Finance and Economics at the University of Ghana and a Professor of Finance at the University of the Witwatersrand.
He is widely known for pioneering frameworks such as Metanomics, Omnidox, Resource-Based Monetary Sovereignty (RBMS), and Endogenous Resource-Backed Currencies (ERBC). His research challenges orthodox monetary thinking by proposing operational systems that allow African economies to monetise real assets—such as gold—within disciplined, rule-based structures that preserve monetary credibility.
Professor Alagidede’s participation is expected to provide rigorous analysis and practical insights into how Ghana can transition from commodity dependence to a more sovereign, asset-anchored financial model. The organisers say the lecture will make a significant contribution to ongoing national conversations about stabilising the cedi and reducing structural vulnerabilities in the economy.
