Furthermore, speculative flows in thin markets can create distortions. In deep markets, these very flows can add liquidity and make the markets more resilient. A calibrated opening up of the economy can supplement domestic savings and help finance growth and development. 11.
First, let me thank you all for honouring our invitation and for making this event possible. Gatherings like this offer us greater scope and latitude to reflect on critical happenings in the past year, especially those that relate to the functions of the Bank of Ghana, and to see how we can foster closer collaboration going forward and in the interest of the nation.