Central Bank Governance

Central Bank Governance refers to how a country's central bank is structured and managed to ensure it operates effectively and independently. Central banks control monetary policy, interest rates, and money supply to promote economic stability. Good governance involves transparent decision-making, accountability to the public, and independence from political influence. This helps maintain trust in the currency and financial system. Key elements include a skilled leadership team, clear policies, regular reporting, and mechanisms to prevent conflicts of interest. Strong governance supports the bank's ability to respond to economic challenges and foster sustainable growth.