Quotable quotes from Monetary Policy Statement

The Sunday Mail

“I have said in a previous meeting that if printing money could make nations prosperous, then there would be no nation which is a Third-World nation”.

“We have learned from the past that it does not help to print money. Certainly, not under my watch.”

“It is my wish that after speaking today, subsequent monetary policy statements will be just to say, we are walking the talk.”

“You would have noticed that from January 2024, the central bank has allowed the exchange rate to be determined by market forces. And we have been watching because that is what you have asked for in the past, and we say there you have it.”

“Under my watch, we are going to ensure that at any one time, reserve money growth is contained within limits of growth in gold reserves that we have.”

“I do not believe in quasi-fiscal activities. It is not going to happen under my watch.”