Although Ghana has excellent resources, it often experiences numerous high inflation rates. In 1999 Ghana's inflation rate was 12.6%, rising to 49.5% in 2000. Since 2000 Ghana's inflation rate has been caused by a series of external shocks, unjustifiable macroeconomic policies and tariffs devaluation. However, the main cause of inflation in the period 2000-2003 is the role of the Bank of Ghana in obtaining the country's major product, cocoa; which is Ghana's main cash crop. Large amounts of money were distributed throughout the economy each year based on the size of the crop and the producer price. The greater the amount transported, the more the money supply would grow and the more the inflation rate would increase. Some also believe that the country borrowed from the Central Bank in 2000 to sponsor the presidential election. In 2001, Ghana became a constitutionally elected government for the first time in its history. The NDC (Nation Democratic Congress) handed over control of the country to another elected form of government, the NPP (National Purchasing Partners) in January 2001, in an attempt to lower inflation. Towards the end of the first quarter of 2001, Ghana's inflation had fallen from 41.9% to 40.5%. The reason is the unnecessary growth in money supply in the last quarter of 2000, neglected by local food supplies in Ghana, and the price adjustment for February 2001. However, with fiscal management and monetary policies the NPP government was able to reduce year-on-year inflation went from 40.5% at the end of December 2000 to 21.3% at the end of December 2001, showing a huge decline. Ghana set an inflation rate target of 25% for the end of the… half of the Consumer Price Index paper period, which ultimately led to a decline in inflation to 11.8%, a further failure to reach the single digit target in 2002. There was also the immobility of the conversation rate along with a decline in the prime rate which was tabled during the NPP government in 2004 to change the bank rate. This was replicated in a decline in interest rates which boosted savings and overall productivity in the economy. Ghana's economy appeared to be growing. From 2004 to 2014, Ghana's inflation rate remained more or less the same monetarily. It was 12.3% at the end of 2004, 12.2% in 2005, 13.5% in 2006 and 12.7% in 2007, 15.8% in 2008, 16.5% in 2009 , 12.7% in 2010, 13.8% in 2011 and 16.8% in 2012. The reason inflation rates have become so stable is the work the NPP government is doing to keep inflation rates low. taxi. They set a target goal for each year and almost always reach their goal.