Tag: Obligation

Issuance and Regulating are a Few Function of Central Bank

July 4th, 2010, No Comments

The Central Bank has the sole power to issuance banknotes and coins. The banknotes and coins issued by the Central Bank are the only means of payment with power unlimited circulation and legal tender throughout the country. Regulating the amount of money in circulation and credit. The Central Bank may open lines of credit, grant [...]

G20 Agrees to Reduce Halve of the Government Deficit in 2013

June 29th, 2010, No Comments

As pointed the experts, most of the most developed countries of the group had already been imposed this goal before the conclusion of this meeting. The final document also points to the leaders of the rich countries agreed to take the necessary measures to “stabilize or reduce” public debt in 2016. The leaders of the [...]

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