• Reflect on what we have learnt about the economy over the past 18 months during COVID-19, and how this influenced the outlook for monetary policy published in the August Monetary Policy Statement (MPS).
In this context, the quantitative achievement of banking coverage reflected in increase in no-frills accounts need to be converted into meaningful financial inclusion by active loan and deposit transactions in these accounts. The geographical peculiarities of the State along with small size of scattered settlements make it difficult for physical location of branches.