Although Ghana has very good resources, it often experiences high inflation rates. In 1999, Ghana's inflation rate was 12.6%, it rose to 49.5% in 2000. Since 2000, Ghana's inflation rate has been due to the magnitude of external shocks, policies unjustifiable macroeconomic and depreciation rates. However, the main cause of inflation between 2000 and 2003 was the role of the Bank of Ghana in securing the country's largest commodity, cocoa; which is Ghana's main cash crop. Large sums of money were distributed throughout the economy each year based on the size of the harvest and the producer price. The higher the amount carried, the more the money supply would increase and the higher their inflation rate would increase. Some also believe that the country borrowed from the Central Bank in 2000 to sponsor its presidential election. In 2001, Ghana became a constitutionally elected government for the first time in its history. The NDC (Nation Democratic Congress) handed control of the country to another elected form of government, the NPP (National Purchasing Partners) in January 2001, with the aim of reducing inflation. By the end of the first quarter of 2001, inflation in Ghana had fallen from 41.9% to 40.5%. The reason for this was unnecessary growth in money supply in the last quarter of 2000, neglect of local food stocks in Ghana and price adjustment for February 2001. However, through fiscal management and monetary policies, the government NPP was able to reduce year-on-year inflation from 40.5% at the end of December 2000 to 21.3% at the end of December 2001, representing a considerable decline. Ghana set an inflation rate target of 25% for the end of the CPI, which ultimately led to inflation falling to 11.8%, further missing the single-digit target in 2002. There was also an immutability of the conversation rate coupled with a reduction in the prime rate which was presented during the NPP government in 2004 to exchange the bank rate. This resulted in lower interest rates, which promoted savings and the general productivity of the economy. Ghana's economy seemed to be on the rise. From 2004 to 2014, Ghana's inflation rate remained roughly the same in monetary terms. 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 rates low. They set a goal for each year and almost always achieve their goal..