The Integrated Social Development Centre (ISODEC) is challenging the Bank of Ghana’s reliance on the Monetary Policy Rate as a primary tool for managing the economy. Speaking at a Stakeholders’ Consultative Forum on Alternative Economic Models for Ghana, ISODEC Policy Analyst Dr Adamu Braimah Abille said the Centre’s analysis found no causal relationship between the policy rate and GDP growth. ISODEC is calling for greater consideration of alternative approaches to economic management.
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