• 2.4.1 Monetary policy strategy


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    Description of role

    Responsible for controlling the supply of money, targeting a rate of interest for the purpose of promoting economic growth and stability.     

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    Core technical skills

    • Knowledge in macroeconomics and effects of monetary and fiscal policy
    • Knowledge of analysis of economic and monetary developments internationally, regionally and at domestic level
    • Knowledge of monetary policy tools to be used
    • Knowledge and ability to formulate and implement a monetary policy to promote and maintain a sound and efficient financial system
    • Ability to analyse domestic and international financial markets
    • Maintain and foster regular contact with a broad range of financial market participants to monitor market developments
    • Knowledge in the development and maintenance of models and other systems used in the analysis of monetary policy
      • Understanding of tools for financial stability and linkages between monetary policy and financial stability
    • Understanding of international financial architecture, role of the IMF, FSB and so on
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    Qualification and/ or certification

    • QFSQF Level 4
    • Relevant experience