CBN Set to Hold First MPC Meeting of 2024

CBN Set to Hold First MPC Meeting of 2024
CBN Governor, Olayemi Cardoso

The Central Bank of Nigeria (CBN) has actually held a two-day tactical session for members of the Monetary Policy Committee (MPC), preparatory to their very first conference under the period of Mr. Olayemi Cardoso as Governor.

The conference is set up for Monday, February 26 and Tuesday, February 27.

Validating this in Abuja on Friday, the Acting Director, Corporate Communications Department, Mrs. Hakama Sidi Ali, revealed that the session intended to brainstorm and participate in a thorough conversation about the committee’s goals.

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She exposed that the important focus locations throughout the retreat consisted of considerations on the tactical strategy to result required enhancements in the financial policy transmission system.

According to her, the sessions were helped with by previous MPC members, financial policy interaction professionals at the IMF, and Directors of Departments vital to the MPC procedure.

“The important insights acquired from these conversations will considerably contribute towards the toughness of the upcoming MPC conferences,” she kept in mind.

Economic Confidential reports that a calendar of conferences of the MPC for 2024 released on the CBN site suggests that the conferences have actually been arranged for February, March, May, July, September and November.

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