In this context, the Central Bank issued the Monetary Policy Report for the first quarter of 2025, which analyzes economic developments since the third quarter of 2021 at both global and local levels. The report also covers developments related to inflation, the performance of the real, external, and monetary sectors, as well as domestic liquidity levels and financial conditions.
To offer stakeholders and the general public a clearer understanding of the CBE's near- and medium-term orientations, the report features a dedicated section. This section analyzes the anticipated future outlook for key economic indicators and assesses the associated risks, which is considered an integral part of the monetary policy decision-making process. Furthermore, alongside the resumption of the quarterly Monetary Policy Report, the Central Bank reaffirmed its firm and ongoing commitment to establishing all other pillars of the inflation targeting framework.