<h1>Government Supports MPC's Decision to Cut Repo Rate to 5.15% and Aligns with Revised Growth and Inflation Projections.</h1> The government acknowledges the Monetary Policy Committee's decision to reduce the repo rate from 5.40% to 5.15%, viewing it as supportive of recent governmental efforts to boost economic growth. The government also notes the MPC's revised growth projection of 6.1% for 2019-20, aligning with forecasts from other organizations like the IMF and ADB. Additionally, the government is aware of the MPC's increased headline inflation projection for 2019-20, which remains within the target range of 3-4%.