monetary policy report

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.