In view of deflation processes in the country, the Central Bank continues monetary policy accommodation according to the main directions of the monetary policy for 2009 it had announced to maintain economic activity and support financial sector stability. As the next related step, the Management Board of the Central Bank decided to shift the refinancing rate to 2% from 3% and the ceiling of the interest rate corridor to 7% from 8% from 25 May 2009 to push reduction of interest rates on loans to the economy by decreasing cost of banking resources.