Interest rates end year steady at 5.5%
Wednesday, December 14, 2016
In a statement released after the meeting, Bank of Bank (BoB) said it had concluded that the outlook for price stability remains positive, with the inflation forecast within the 3 – 6 percent objective range in the medium term.
“The current state of the economy and both the domestic and external economic outlook, including the inflation forecast, suggest that the prevailing monetary policy stance is consistent with maintaining inflation within the Bank’s medium-term objective range of 3 - 6 percent.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...