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Bank of Ghana Monetary Policy Committee Press Release

Bank of Ghana Monetary Policy Committee Press Release

Written by Bank of Ghana Monday, 18 July 2011 12:28

I wish to share with you the latest information available on the economy, the assessment of the Monetary Policy Committee on the state of the Ghanaian economy and the positioning of the Monetary Policy Rate

Fiscal and sovereign debt problems continue to confront the economies of advanced countries. These problems continue to constrain the pace of global recovery. The delay of the US Congress in dealing with the US debt ceiling is also a matter of concern. However in Emerging and Developing Economies, growth continues to be brisk and prospects of sustained growth are high.

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