Statistics & Publication
Monetary And Exchange Rate Management In Ghana
Wednesday, 31 January 2001 00:00

Bank of Ghana’s primary objectives (or mission) is “to pursue sound monetary and financial policies aimed at price stability so as to create an enabling macroeconomic environment for the promotion of sustainable economic growth”.

Various instruments have been used to achieve this Price Stability goal even through inflation continues to be a hindrance to economic growth in the country.  In the early 1980’s for instance inflation rose to more than 100% with persistent GDP declines which led to large fiscal deficits, and overvalued exchange rate.

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