Moses D Pelaelo: Botswana's 2020 Monetary Policy Statement

Speech by Mr Moses D Pelaelo, Governor of the Bank of Botswana, at the launch of Botswana's 2020 Monetary Policy Statement, Gaborone, 25 February 2020.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Introduction

Distinguished Guests, on behalf of the Board, Management and Staff of the Bank, I am honoured and most delighted to welcome you to the launch of the 2020 Monetary Policy Statement. I extend a special word of welcome to the Guest of Honour, Honourable Minister of Finance and Economic Development, his Cabinet colleagues, Members of Parliament and all Distinguished Guests attending this event for the first time. We are most grateful to you all for having made the time to attend the launch.

Distinguished Ladies and Gentlemen, the publication and launch of the Monetary Policy Statement is an important event in the Bank's calendar of events, for a good public policy reason. It is a key aspect of good governance, transparency and accountability in the formulation and implementation of monetary policy.