The program is delivering good results. Significant fiscal tightening and efforts to address structural weaknesses and improve the business climate have helped restore growth and boost confidence and FDI. While monetary easing has led to considerable reduction of lending rates, inflation remains below the NBS tolerance band due to low imported inflation, one-off factors, and still subdued domestic demand.
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|Size: ||1.9 MB|
|Publisher: ||INTERNATIONAL MONETARY FUND|
|Date published: || 2015|
|ISBN: ||9781513582283 (DRM-EPUB)|
|Read Aloud: ||not allowed|