The stance remains contractionary, with the central bank adding targeted credit stimulus rather than broad-based rate easing

The Standing Lending Facility (SLF) rate and the Standing Deposit Facility (SDF) rate have been kept at 11.5 percent and 7.5 percent respectively

The government and BB have also rolled out reform measures to stabilise the economy

The stance remains contractionary, with the central bank adding targeted credit stimulus rather than broad-based rate easing