Central Bank Maintains Policy Rate at 8% to Stabilize Inflation

The decision was based on a thorough assessment of both domestic and global economic conditions, aiming to ensure inflation stabilizes at the 5% target while fostering economic growth.

The Board noted that the ongoing deflationary phase has primarily resulted from government-led reductions in energy prices. This trend is expected to persist for the next few months before inflation gradually adjusts toward the target in the latter half of 2025.