Currency and price stability

scale 1-10, 2006–2018

Info Edit

There are institutional or political precautions to control inflation sustainably, together with an appropriate monetary policy and fiscal policy. 1 – The country has no anti-inflation system or policy; foreign exchange policy is subject to manipulation for political reasons. The government has not devised or implemented any fiscal or debt policies to promote macroeconomic stability. 4 – Controlling inflation is a component of the economic system in principle, but it is institutionally and politically subordinated to other goals. Foreign exchange policy is essentially used for political purposes. The government’s fiscal and debt policies are inconsistent and insufficient to promote macroeconomic stability. 7 – Controlling inflation and an appropriate foreign exchange policy are recognized goals of economic policy, but have not been consistent over time and do not have an adequate institutional framework.

Source: Transformation Index BTI