Annual Reports

2025 Annual Report

The 2025 monetary policy achievements provided a strong foundation for fostering price, currency and exchange rate stability. Importantly, annual inflation closed the year 2025 at 15 percent, significantly outperforming the 30 percent end-period target. Infation expectations became increasingly well-anchored creating a platform for the attainment of a single-digit local currency inflation in 2026. The ensuing stability created conditions necessary for the Reserve Bank to commission a project to upgrade the ZiG Banknote Series in 2025.

Download 2025 Annual Report