The State Bank has announced a further 1% reduction in the interest rate, bringing it to 12%. Governor mentioned that inflation had sharply decreased over the past few months, particularly dropping to 4.1% in December from last year’s peak.
2025-01-28
The State Bank has announced a further 1% reduction in the interest rate, bringing it to 12%. The GDP growth rate is expected to remain at 3.5%. Core inflation is currently at 9.1%, but it is anticipated to drop to 5-7% by the end of the fiscal year in June, Read More →