The decision was announced Wednesday after the Monetary Policy Committee (MPC) concluded its 128th regular meeting. The latest cut builds on an aggressive easing cycle that began in July 2025, when the central bank reduced the policy rate from a peak of 30 percent reached during the economic crisis of 2023. Asiama emphasized that despite the reduction, monetary policy conditions remain tight considering the prevailing inflation dynamics. Economic growth is projected to remain strong in 2026, with the output gap narrowing, although this may introduce moderate demand side pressures. The central bank also confirmed that it will shift to using 14 day bills to manage liquidity and improve the transmission of monetary policy.