monetary and financial stability

Monetary and financial stability refer to a healthy economy where money retains its value, inflation remains controlled, and financial systems operate smoothly. Monetary stability ensures prices don't rise too quickly, making it easier for people to plan and save. Financial stability means banks and markets are resilient, reducing the risk of crises that can cause economic hardship. Together, they foster confidence in the economy, encourage investment, and support sustained growth. Essentially, they create a balanced environment where money is trustworthy, and financial institutions function reliably, promoting overall economic well-being.