In the same vein, I am pleased to note that both the CBK and CMA were recently invited, and accepted to join the Regional Consultative Group for Sub-Saharan Africa of the Financial Stability Board (FSB).
In the current environment, a more expansionary monetary policy is thus the necessary reaction of the central bank to maintain price stability. The ECB’s monetary policy, which will always rigorously fight inflation that is too high or too low, is therefore appropriate.