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MPC Decision Statement – Submissions by Members – July 2025
At the 125th Monetary Policy Committee (MPC) meetings held from 28th to 30th July, 2025, the Committee, by a majority decision, reduced the Monetary Policy Rate (MPR) by 300 basis points to 25.0 percent. In taking the decision, the Committee asserted its commitment to the price stability mandate while creating conditions for inclusive and sustainable growth. The Committee also provided forward guidance to reduce the policy rate further, should the disinflation trend continue.