These findings demonstrate impressive achievements and vindicate policy strategies and reforms undertaken by Government and initiatives and innovations by the financial sector players’ as having helped expand financial inclusion. It is even more interesting to note from the results that many more people are now accessing and using financial services and products supplied by diverse providers.
This decision was the first policy move since May 2009. It was mainly driven by upside risks to price stability, in particular relating to further increases in energy and commodity prices. Continued upward pressure on overall inflation is discernible in the early stages of the production process.