Through the review, the Bank aims to deepen its understanding of the interaction between monetary policy, economic activity, and various other factors, and make use of the insights gained for future policy conduct.
Domestic conditions •  GDP growth: After contracting in 2007 (-6.6 percent), our economy is undergoing some recovery in 2008 (1.7 percent). Forecasts for 2009 and 2010 are 1.1 percent and 1.6 percent, respectively. These forecasts were released by the Macroeconomic Policy Committee in April 2008. These growth rates are too low and insufficient to generate sufficient employment opportunities.