Monetary Policy in Cambodia
monetary policy is a critical instrument that NBC utilizes to stabilize the economy toward a higher employment, lower inflation and a better living standard of people. Yet monetary policy must be effective, sufficient and sound as without these factors, this policy will not stimulate the economic growth and sustain economic development. As a result, prosperity and wellbeing of people will translate into a better Cambodia in the next decade.
The main economic goal of a country is to obtain a sustainable economic growth which required many factors including a sound and effective government policy. Such policies are monetary policy and fiscal policy which are manipulated to stimulate the economic growth and stabilize macroeconomic activities toward a higher standard of living. There is no such difference in Cambodia from other counties that needs all of these tools especially the monetary policy to guarantee the wellbeing of citizens.