This Tuesday morning (4), Banco de Moçambique held a lecture on Monetary Policy in Mozambique and presented the Economic Outlook and Inflation Forecasts Report (CEPI)  to the academic community of the University of São Tomás de Moçambique (USTM), as part of the activities regarding the celebrations of its 50th anniversary and regular presentations of the CEPI Report.

While delivering the opening speech, the Director of the Communications Office of the Banco de Moçambique, Pinho Ribeiro, said that the CEPI Report is presented alongside the theme of monetary policy in Mozambique, as the central bank recently launched the celebrations alluding to the 50 years of the bank and 45 years of our currency, the Metical, next year, on May 17 and June 16, respectively.

The presentation on monetary policy was made by an expert from the Economic Research Department of the Banco de Moçambique, Keita Gouveia, who, at the event, stressed the importance of the implementation of monetary policy by the central bank, in order to ensure the materialization of its key mandate to keep inflation low and stable, which translates into the preservation of the purchasing power of our currency, the Metical. 

For his part, the Director of the Economic Research Department of the central bank, Carlos Baptista, presented the fundamentals underpinning the decisions taken by the Monetary Policy Committee, highlighting the prior assessment of the domestic and international economic situation and inflation projections of inflation and associated risks.

In attendance at the event were USTM students and professors, and managers, advisers, and experts from the Banco de Moçambique.