To gain acceptance of the system, the BOT tried to establish as much transparency as possible.
A monetary policy board (MPB) was set up and met about every 6 weeks, with a press conference held to announce the decision afterwards.
An inflation report was published every 3 months detailing the economic analyses that provided background for the MPB.
This report also included the details of the quarterly econometric model used in the analyses so that those interested could try to reproduce the results.