1 August 2024 12:20 am Views - 135
The MOR would be a catalyst to improve transparency and accountability of the Central Bank, under the Flexible Inflation Target (FIT) framework, by effectively communicating the monetary policy implementation process, the Central Bank said.
The MOR is also expected to support the aligning actions and expectations of the stakeholders of the economy, in line with the monetary policy stance of the Central Bank and facilitate in achieving the intended outcomes in relation to the domestic price stability objective of the Central Bank.
The MOR will be published biannually and
will present a synopsis of the key monetary operations of the Central Bank, while articulating the developments in the domestic money market. Special articles on the topical issues and selected indicators of market operations and transactions are also presented in the MOR.