Monetary policy to support growth

Each year the framework for monetary and economic policies is set in three separate laws approved by parliament. They are the guideline for social and economic development, the general budget and the state monetary policy guideline. Each law is discussed in the parliament in the fourth quarter of each year. The need for consistency among these laws is high since they are drafted by different institutions.

Setting the goal

This note focuses on the state monetary policy guideline, the law that set