... over the past decade. An important part of this has been the increased efforts by central banks to communicate their views about the economic outlook and its implications for monetary policy. Monetary policy is defined by (Labonte and Makinen, 2008) as the process by which the monetary authority of a country controls the supply of money, often targeting a rate of interest to attain ... rise in public debt. These imbalances had far reaching impact on country's investment and growth. As a result of government efforts, fiscal imbalances had been narrowed. Fiscal deficit had been reduced du...

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• Approx Pages: 10
• Has Bibliography
• Grade Level: High School