We have kept the key policy interest rate steady at 2% …
for YOU, this means . . .
The cost of borrowing money from banks will remain low, which makes it more affordable for you to apply for a loan, such as to purchase a motorcycle or a car or to finance house repairs. This boosts demand contributing to economic growth.
for BUSINESSES, this means . . .
The cost of borrowing money from banks will remain low, encouraging you to start a new business or expand your existing business activities. This also contributes to economic growth.