The RBF’s commitment to the Digicel mobile money initiative is because we realize the great potential this development will have in extending financial services to the unreached areas  BIS Review 98/2010  1  and in the process, there will be greater economic activity in the remote and maritime areas hence eradication of poverty.
It then became clear that the economy would continue to operate below its capacity throughout 2002, with resulting downward pressure on inflation. So we sped up the pace of interest rate reduction at the next two fixed announcement dates. We wanted to support economic growth, which would help keep inflation within our target range of 1 to 3 per cent.