Economic recovery: I’m happy with the MPC and the work that we have done – Addison

3 News

Mon 30th Sep, 2024 06:54

Governor of the Bank of Ghana, Dr Ernest Addison has given the Monetary Policy Committee (MPC) a pat on the back for the economic recovery in Ghana.

Dr Addison stated that in the assessment of the Committee, preliminary data since the last MPC meeting held in July 2024 indicates that macroeconomic conditions have generally improved.

Addressing the 120th MPC press conference in Accra on Friday, September 27, he said “This economy is doing very well, if you look at the exchange rate, from 2017 to 2022 the Cedi moved from 4 to 6 Cedis, the problem we saw was just for 2022. It moved from 6 to 15 but we are recovering. I am quite happy with the MPC and the work that we have done.”

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