General
The Monetary Policy Committee retained the Central Bank Rate (CBR) at 10.0 percent at its May 29, 2017 meeting. The Committee noted that overall inflation is expected to remain above the Government target range in the near term due to elevated prices for some food...
General
The Monetary Policy Committee retained the Central Bank Rate (CBR) at 10.0 percent at the March 27, 2017 meeting. The Committee concluded that overall inflation is expected to remain outside the Government target range in the near term due to the elevated food prices,...
General, Uncategorized
The Monetary Policy Committee (MPC) retained the Central Bank Rate (CBR) at 10.0 percent at its meeting held on November 28, 2016. The Committee concluded that inflationary pressures were mild and inflation will remain within the Government target range in the short...
Key Milestones For the past 50 years, the Bank has made significant strides in fulfilling its mandate. Successive Boards have seen the Bank grow from a staff establishment of 60 in 1966 to over 1,300. In response to its expanding functions, the areas of operation have...
Monetary Policy Monetary policy consists of decisions and actions taken by the Central Bank to ensure that the supply of money in the economy is consistent with growth and price objectives set by the government. The objective of monetary policy is to maintain price...
