The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) will be holding its 113th press conference today Monday, July 24 at the headquarters of the BoG in Accra.
The Governor of the BoG Dr Ernest Addison is expected to address the conference and to announce whether the policy rate has been increased, decreased, or maintained at 29.5 percent.
He is also expected to explain how the $600m first tranche of the International Monetary Fund (IMF) has been utilised so far.
#JulyMPC pic.twitter.com/kMxHixyOyU
— Bank of Ghana (@thebankofghana) July 23, 2023
At the last press conference in Accra on Monday, Friday, May 19, 2023 Governor of the BoG Dr Ernest Addison said “To place the economy firmly on the path of stability, it is important that the monetary policy stance be tuned further to re-anchor inflation expectation towards the medium-term target.
“Given these considerations, the MPC decided to increase the Monetary Policy Rate by a 150 basis points to 29.5 percent.”
The post MPC to hold 113th press conference today appeared first on 3News.com.
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