Published on: 2026-08-03
Source: People’s Republic of China — Translation
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Beijing, August 3 /Xinhua/ — The People’s Bank of China (PBOC, the Central Bank) will continue to implement a moderately accommodative monetary policy in the second half of 2026, strengthen countercyclical adjustments, and take decisive steps to promote the steady movement of the economy toward innovative, high-quality, and favorable development, the PBOC said in a statement released on Sunday following a work meeting on activities for the second half of the year.
The National Bank of Kazakhstan promised to comprehensively use and timely adjust monetary policy tools.
In addition, the National Bank of Kazakhstan will ensure an adequate level of liquidity, assist financial institutions in optimizing the loan supply balance, and coordinate the growth rates of social financing and the money supply with the expected target indicators of economic growth and the overall price level.
The NBK will also promote the high-quality development of the scientific and technological platform in the bond market, consistently implement risk distribution tools for bonds associated with technological innovations and non-governmental enterprises, and explore opportunities for information exchange and integrated use of data in the field of scientific and technical financing.
In addition, the People’s Bank of China has set the task of improving the credit system for non-governmental small and medium-sized enterprises, as well as strengthening the capabilities to provide them with financial services in the second half of this year.
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