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IMF Executive Director Hilbers: Central bank acted appropriately during crisis

The central bank, as professional and independent institution acted appropriately during the Covid crisis, with supportive measures, while maintaining overall stability, said Paul Hilbers, Executive Director at the International Monetary Fund (IMF) to the Constituency, to which the country is a member. He added that “the current monetary policy stance is appropriate, but close monitoring of inflationary developments is warranted.”

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