The CBJ's decision comes in light of the low inflation rate, which is expected to remain so during 2019, in addition to the "noticeable" improvement in the balance of payments, the low trade balance deficit, and the positive developments in the
monetary indicators, including high deposit rate and facilities in the private sector, and the "comfortable range" of the bank's foreign reserves.
Oman, MENA region and the world, banking and
monetary indicators in
The board also pointed out the need to closely monitor the development of financial and
monetary indicators and decided to keep the BCT key interest rate unchanged.
Broader
monetary indicators, like remittances and currency in circulation, don't exhibit a big difference between their usual averages and pre-poll volumes
The Board also stressed the need to continue to closely monitoring the evolution of economic and
monetary indicators and affirmed its desire to protect itself against inflationary risks and to work to mobilize financial resources in favor of the liquidity of the system to strengthen its capacity to finance the economy and support growth.
'The September inflation rate, together with acceleration in
monetary indicators adds other indicators that may presage overheating.
Monetary indicators for the region such as liquidity & inflation remain broadly positive.
The CBE added that it has achieved and exceeded the requirements of the International Monetary Fund (IMF) programme--which were agreed upon as part of the economic reform programme to obtain a $12bn loan facility--in terms of foreign exchange reserves and
monetary indicators.
PARIS -- Minister for Finance, Revenue, and Economic Affairs, Mohammad Ishaq Dar has said that tough and deep rooted fiscal, monetary and economic reforms have paved the way for economic turnaround in Pakistan which led to the improvement of fiscal and
monetary indicators of the country, recognized and appreciated by Credible international rating agencies.
While 2016 "will not be impacted by NTP initiatives," they will start being felt next year, the researchers said, "with growth, fiscal, external, and
monetary indicators posting a gradual recovery in following years as well." Global oil prices have jumped to around $50 a barrel this year.
