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    <title>Monetary Policy Statement, 2021-22 Resolution of the Monetary Policy Committee (MPC) February 8-10, 2022</title>
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    <description>The Monetary Policy Committee kept the policy repo rate unchanged and decided to continue the accommodative stance to revive and sustain growth while ensuring CPI inflation moves toward the medium-term target; operational LAF rates were unchanged. This decision followed assessment of global headwinds from the pandemic and supply-chain disruptions, and a domestic recovery that remains incomplete with elevated core inflation and large systemic liquidity. The MPC judged continued policy support necessary, noted projections for inflation and GDP, and recorded a near-unanimous vote with one reservation on stance continuation.</description>
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