In the current money market conditions, where banks have to approach the central bank for borrowing, the overnight lending rate is in fact the key operational policy rate.
To this end, the focus will be on maximizing the contributions of its members at both policy and operational levels.
As is also common with principles espoused by European leaders, no clear explanation has been provided for the need to ensure this operational separation between monetary policy and bank supervision.
FORBES: Euro Area Banking Union: Should Bank Supervision and Monetary Policy Be Separated?
To elevate and integrate this strategic focus on the promotion of gender equality and the advancement of women and girls around the world, executive departments and agencies (agencies) have issued policy and operational guidance.
The best thing this chancellor of the exchequer did and most likely ever will do was his very first act as finance minister: he gave the Bank of England a huge piece of his job, in the form of operational control of monetary policy.
Contributions were drawn from the fields of hydrological sciences, freshwater policy, international basin management and operational water supply.
Moreover, several provisions associated with how the corps would be implemented are highly problematic, such as assignment of operational responsibility to OFPP, whose mission is to oversee government acquisition policy.
The report's call for central-bank autonomy, for instance, simply meant "greater operational independence rather than true independence from the government in making major monetary-policy decisions, " Mr. Prasad said.
Formulate project proposals and mobilise extra-budgetary resources to support operational projects for the benefit of Least Developed Countries (LDCs), with emphasis on multidisciplinary and science policy projects.
UNESCO: Vacancy : Senior Programme Specialist (24/5/2011) (SC 433 - (P5))
It is a timely opportunity to provide recommendations for the up-coming 2012 Quadrennial Comprehensive Policy Review (QCPR) that will inform the second generation of DaO process and UN system operational activities more generally.
These documents will be presented to and discussed at the Operational Activities Segment of the ECOSOC Substantive Session in July 2012 and later to the General Assembly for the Quadrennial Comprehensive Policy Review (QCPR).
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