And thirdly, it is to assure the public that contrary to rumours floating in Honiara, the delivery of the new $ bank note has nothing to do with the expectations by members of the cult group, the Family Charity Fund, of their millions of dollars. Our stocks of currency are real bank notes and they do not belong to FCF as has been claimed.
The ECB staff projections published last week now point to headline inflation of 1.2 percent in 2019, 1.0 percent in 2020 and 1.5 percent in 2021. Compared with the June projections, the profile for headline inflation has been revised down by 0.1 percentage points in 2019 and 2021, and by 0.4 percentage points in 2020.