At the Monetary Policy Meeting (MPM) held in January 2013, the Bank made a commitment to achieving the price stability target of 2 percent in terms of the year-on-year rate of change in the CPI at the earliest possible time, and in April of that year, it decided to introduce Quantitative and Qualitative Monetary Easing (QQE) as a necessary measure to underpin this commitment.
Perks M Ligoya: The challenge of making sound policy choices Speech by Dr Perks M Ligoya, Governor of the Reserve Bank of Malawi, at the official opening of the Financial Programming and Polices Course, Lilongwe, 1 March 2010.