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SOVANN
SOVANNExperienced
Asked: December 8, 20202020-12-08T13:51:53+07:00 2020-12-08T13:51:53+07:00

What is the role of the Monetary Policy Committee?

The Monetary Policy Committee is a high-level policy committee of the National Bank of Cambodia, established to assess economic and financial development and to make decisions. On monetary policy in order to maintain price stability.

 

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Choose from here the video type.

Put Video ID here: https://www.youtube.com/watch?v=sdUUx5FdySs Ex: "sdUUx5FdySs".

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  1. SOVANN
    SOVANN Experienced
    2020-12-08T13:52:03+07:00Added an answer on December 8, 2020 at 1:52 pm

    The Monetary Policy Committee meets quarterly, four times a year. Prior to the meeting, the Secretariat, which includes economists and other staff from the Department of Economic Research and International Cooperation and the Department of Statistics, will prepare a detailed analysis report for Monetary Policy Committee.

    According to the report, the Monetary Policy Committee will discuss and evaluate different aspects of the economy, focusing on key economic and financial developments from the meeting. Finally.

    The Monetary Policy Committee will compile this analysis, along with judgments and forecasts of what will happen to the economy and prices in the near future. Decide on monetary policy options to ensure long-term price stability.

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