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    <description>Prompt monetary and fiscal action alongside supply-side interventions curtailed inflationary pressures in 2022, bringing both consumer and wholesale inflation toward the central bank&#039;s tolerance range. Policy measures included tightening under the liquidity adjustment framework by the central bank and fiscal steps such as excise reductions on fuels, export restrictions and duties, import duty rationalisation, stock limits and buffer stocks for key food items, together with a new integrated food security programme to protect vulnerable households.</description>
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