Aims (Objectives) of the monetary policy
- To maintain domestic price stability
- To stimulate economic growth and development
- To ensure equitable income distribution
- To help to achieve full employment of resources in the economy
- To maintain a stable foreign exchange rate
- To ensure balanced sustainable growth and development of the economy
- To create a broad and continuous market for government securities (bonds and treasury bills)
- To help establish and develop financial institutions
- To ensure Balance of payments stability in the economy
- To encourage savings through the manipulation of interest rates.
CATEGORIES Economics
TAGS Dr. Bbosa Science
