101 “... the country's use of euro as the local currency. Fiscal and structural policies in an economy without monetary...”

102 “.... The government also stimulated domestic demand by raising public sector wages and social transfers. Monetary...”

103 “... demand to GDP growth has allowed the government to maintain its prudent fiscal and monetary policies....”

104 “... slightly loosened near the end of 2017; however, the monetary policy transmission mechanism remains weak...”

105 “...With inflation pressures low, the monetary policy stance remains relaxed. The National Bank reduced...”

106

107 “... to regain solvency of the banking sector; (iii) adopting a new monetary policy framework that will regain...”

108 “... cautious monetary policy easing cycle. Growing investment flows, mostly linked to the extractive industries...”

109 “... for supporting the Rohingyas, delays in banking reforms, loss of monetary policy predictability due to diminished...”

110

111 “... deficit. Monetary policy easing and continued remittance inflows also supported GDP growth. Real GDP...”

112 “..., monetary policy could be more accommodative to support growth if needed, but with interest rate caps tied...”

113

114

115

116 “... in the first half of 2023, despite a tightening of monetary policy since January 2022. Rwanda's current account...”

117