This report provides a comprehensive review of the 2026 Monetary Policy Statement, highlighting key policy measures, macroeconomic developments, financial sector reforms, currency stability initiatives, and implications for businesses and financial institutions.

At a glance

  • Inflation: Annual inflation fell to single-digit levels (4.1% in January 2026), marking a historic milestone of stability.

  • Exchange Rate Stability: The ZiG traded within a stable range, with the parallel market premium contained below 20%.

  • Financial Sector: The banking sector remains stable, with NPLs at 3.47%, supported by prudent money supply management.

  • Economic Outlook: GDP growth projected at 5% in 2026, driven by mining, agriculture, and stable macroeconomic conditions.

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For detailed highlights, in-depth analysis, policy implications, and the full economic outlook, download the complete 2026 Monetary Policy – Analysis and Implications report below.

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