|
Monetary Policy Press Release - April 2010 |
|
Ladies and Gentlemen of the Media, welcome to the April 2010 briefing of the Monetary Policy Committee. I want to share with you the assessment of the committee on the economy and its outlook for inflation.
As usual, the committee undertook a review of the macroeconomic situation against the background of developments in the global economy. The Committee also assessed developments in the pace of domestic economic activity and evaluated results of surveys on businesses and consumers, the stability of the banking system, the execution of the budget for 2010 and the external sector.
Download full text in pdf  |
|
|
MPC Press Release - Feb 2010 |
|
Bank of GhanaMonetary
Policy Committee Press Release
Ladies and Gentlemen of the Press, Let me welcome you to the first press briefing of the Monetary Policy Committee for this year. The Committee has undertaken a review of the macroeconomic situation against the background of developments in the global economy. We assessed developments in the economy with respect to the pace of domestic economic growth, the execution of the budget, the external sector and the outlook for inflation. On the basis of the discussions and the prospects for a continuation of the disinflation process and improvements in economic activity and output growth, the Monetary Policy Committee has decided to reduce its Policy Rate by 200 basis points from 18 percent to 16 percent. Let me now explain in some detail the reasons behind this decision.
Download full text in pdf |
|
MPC Press Release - November 2009 |
Ladies and Gentlemen, you are all welcome to this Monetary Policy Committee press briefing. Latest surveys conducted by the Bank of Ghana in October 2009 have confirmed earlier indications that both business and consumer sentiments continue to reflect signs of recovery.
Download full text in pdf |
|
MPC Press Release - September 2009 |
|
Ladies and Gentlemen, you are all welcome to this Monetary Policy Committee press briefing.
On the domestic front, we have begun to see some signs of stabilization in the third quarter of the year, an indication that the effects of both monetary and fiscal policies are beginning take hold. The latest surveys show more positive assessment of the general macroeconomic outlook; and a rebound in both business and consumer confidence, with some downward revision of inflation expectations.
Download full text in pdf |
|
MPC Press Release - July 2009 |
|
For the first time since the beginning of the crisis, there is consensus revision of global growth upwards to 2.5 percent in 2010 compared with an earlier forecast of 2.0 percent projected at the end of the first quarter. And credit markets are beginning to function well, as the extraordinary stimulus measures and interventions in the financial system begin to take effect.
|
|
Read more...
|
|
|
|
|
|
|
Page 4 of 11 |
Monetary Policy