Sentences with phrase «set by the central government»

The regulation, which could bring around 400 million euros ($ 546 million) to the state coffers based on total deposits worth 1.4 trillion euros, had been tipped as a possible sweetener for the regions days after tough deficit limits for this year and next were set by the central government.

As needed, the Pension Fund Regulatory and Development Authority would give the procedure for this, in conferment to the rules set by the Central Government.

Not exact matches

The idea here is essentially to work out how to set up cross-border mutual - fund type structures to invest in bonds issued by regional governments and quasi-government authorities, and to show the way with a modest amount of central bank money.

By providing the grease that kept money flowing, central bankers superseded governments — they set the cost of money and provided the confidence in ongoing liquidity — the world was their battlefield.»

Their underlying worth is determined by the central banking system and the government, through a series of federal guarantees, the setting of interest rates and so on (money used to be backed by physical gold in Fort Knox, but that hasn't been the case since the 1970s).

By the mid 1990s, then, the consensus seemed to be that the right regime was some sort of inflation target agreed between a government and the central bank (if not set out in legislation), operational independence for the central bank in pursuing the target, and a system of communication and accountability.

Conversely, standard — or traditional — monetary policies used by central banks include open market operations to buy and sell government securities, setting the overnight target interest rate, setting bank reserve requirements and signaling intentions to the public.

And the central government has set targets in its current five - year plan of 6.5 billion cubic meters of shale gas to be produced annually by 2015, jumping to at least 60 billion cubic meters per year by 2020.

Free schools are set up by groups of parents, teachers, charities, businesses, universities, trusts, religious or voluntary groups, but funded directly by central government.

It also urges government to introduce a voucher system, using money set side by central government for disadvantaged children.

In the past two centuries, interest rates have been variously set either by national governments or central banks.