monetary policy report

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Global Economic Developments and Ghana’s Balance of Payments – March 2021

Global Economic Developments and Ghana’s Balance of Payments – March 2021

The global economy slowed in Q4:2020, reflecting the resurgence in COVID-19 infections and re-imposition of restrictions in advanced economies to contain the spread. However, continued policy support and ongoing vaccine rollout efforts have improved the global economic outlook for 2021 and beyond.