For this reason, they are not true forecasts about future developments but merely an input into the decision making process which is designed to inform the Governing Council about what to expect if interest rates are not changed for some time into the future.
•  Finally, the banking sector has nearly neglected the financing needs of the Mico Small and Medium Enterprises (MSME) as 80% of the credit is availed by only 25,000 borrowers. A recent World Bank study confirms a positive relationship between financial inclusion, faster economic growth and poverty alleviation.