02.11.2010, 10:54
CBU Policy Aims at Averting Influence of Fiscal Incentives
OREANDA-NEWS. November 02, 2010. In January-September 2010 the Central Bank of Uzbekistan has been carrying out strong fiscal credit policy aimed at prevention of influence of fiscal factors on the inflation.
Thus, the CBU refinancing rate has been maintained at 14% APR.
It helped to provide the stability of interest rates at the fiscal market and keep inflation level below the forecasted figure.
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