BoG’s sustained negative capital and its implications on economy and potential solutions
1 Articles
1 Articles
BoG’s sustained negative capital and its implications on economy and potential solutions
By Richmond ATUAHENE (Dr) Central banks are national authorities with specific mandates on price stability or price stability and employment (Mishkin, 2019). Under their mandate they typically perform a number of tasks such as issuing fiat money, organizing a safe and secure payment infrastructure, designing and implementing monetary policy and acting as a lender of last resort by offering loans to commercial banks that otherwise have no means …
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