2641 “... finances in Eritrea. The paper analyzes monetary policy and management. It points out that the period since...”

2642 “... is required. Greater two-way flexibility of the exchange rate is needed to support the monetary policy...”

2643 “... from gradual monetary policy normalization appear manageable. Execution of the structural reform agenda...”

2644 “... of monetary policy since 1991. External sector developments are also analyzed, followed by an overview...”

2645 “... fiscal and monetary policy easing, policymakers should also be mindful of the effects of such policies...”

2646 “... strain on public finances has made stimulus policies more difficult to maintain. The stance of monetary...”

2647 “... of how these cyclical differences reflect the way monetary policy changes impact the three economies...”

2648 “...; the authorities’ ability to meet fiscal objectives and implement monetary policy will be key to the success...”

2649 “.... Monetary policy remains prudent and inflation under control. Greater exchange rate flexibility...”

2650 “... trends in the domestic economy. It describes developments in the public finances, monetary policy...”

2651 “... policy is related to the arrangements for EMU-wide monetary policy, the credibility of a no-bailout...”

2652 “... sustainability, and stimulate growth. The authorities concur with the need to tighten monetary policy...”

2653 “... of downside risks could require a monetary policy relaxation for the union and differentiated fiscal responses...”

2654 “... with open capital accounts, they also entail limited monetary policy independence. At the same time, high...”

2655 “... and profitable. Exchange-rate and monetary policy have contributed to macroeconomic stability. The authorities...”

2656 “.... Fiscal policies have supported the stabilization. The scope for an active monetary policy remains limited...”

2657 “..., and improving the fiscal and monetary policy settings is required...”

2658 “... policy. Monetary policy has been instrumental in reducing inflation and safeguarding external stability...”

2659 “... sector supervision and monetary policy formulation. Insurance and pension reform should be completed...”

2660 “... in the world oil prices and exchange rate fluctuations. The monetary policy framework used by the monetary...”