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THE MONETARY POLICY COMMITTEE

The Monetary Policy Committee (MPC) is an NBU advisory body that was created to share information and opinions on monetary policy formulation and implementation, in order to deliver price stability. The MPC comprises the NBU Governor, NBU Board members, and directors of the Monetary Policy and Economic Analysis Department, Open Market Operations Department, Financial Stability Department, and Statistics and Reporting Department. The MPC meets the day before NBU Board meetings on monetary policy issues. Decisions on monetary policy issues are made by the NBU Board.