The practice of using systematic rules as guides to monetary policy imposes an important discipline on policymaking and improves communication and transparency. This is because systematic rules make policy more predictable and therefore helps the public and markets make better decisions.
Economic growth outlook remains favourable, therefore we expect similar GDP growth dynamics in the medium term of around 4% per annum, as in the previous two years. Good coordination of monetary and fiscal policies continues to provide significant contribution to economic growth and overall stability.