It is another example of the Bank's forward-looking efforts to ensure that we are sufficiently prepared to withstand financial shocks should they occur. The Bank also makes available senior personnel for International Monetary Fund missions to work in other countries.
Although the functions of the Bank have changed and expanded over time, the formulation and implementation of domestic monetary policy remains one of the cornerstones of its activities. Over the years the Bank has applied various monetary policy frameworks. From February 2000 an inflation targeting framework was adopted.