Menu
Menu
monetary policy report
Monetary and Financial Developments Report – September 2020
The thrust of monetary policy in 2020 is to deliver the medium-term inflation target of 8±2 percent while supporting the overall economic policy of Government. The inflationary pressure, which mounted in April 2020 on account of pandemic-related measures, eased in August 2020 on the back of declining food prices, partly reflecting seasonal factors.