Monetary Policy Committee of the Reserve Bank of Zimbabwe

E578389

The Monetary Policy Committee of the Reserve Bank of Zimbabwe is the central bank body responsible for formulating and overseeing the country’s monetary policy to maintain price stability and support economic growth.

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Statements (45)

Predicate Object
instanceOf central bank committee
monetary policy committee
affiliation Government of Zimbabwe NERFINISHED
aim maintain price stability in Zimbabwe
promote financial system stability in Zimbabwe
support sustainable economic growth in Zimbabwe
appliesToJurisdiction Zimbabwe NERFINISHED
country Zimbabwe
decisionMakingProcess collective decision-making
establishedBy Reserve Bank of Zimbabwe Act NERFINISHED
field macroeconomic policy
monetary policy
focusesOn economic growth
financial stability
price stability
governs monetary conditions in Zimbabwe
hasObjective achieve low and stable inflation
enhance effectiveness of monetary policy transmission
support government’s broader economic policy
hasParentAgency Ministry of Finance and Economic Development of Zimbabwe NERFINISHED
headquartersLocation Harare NERFINISHED
industry central banking
jurisdiction Republic of Zimbabwe NERFINISHED
languageOfWork English
legalForm statutory committee
locatedIn Harare NERFINISHED
mainResponsibility formulation of monetary policy in Zimbabwe
oversight of monetary policy implementation in Zimbabwe
monitors inflation developments in Zimbabwe
macroeconomic indicators in Zimbabwe
parentOrganization Reserve Bank of Zimbabwe NERFINISHED
partOf Reserve Bank of Zimbabwe NERFINISHED
regionServed Southern Africa
regulates money supply in Zimbabwe
reportsTo Board of the Reserve Bank of Zimbabwe NERFINISHED
Governor of the Reserve Bank of Zimbabwe
responsibleFor issuing monetary policy statements
providing guidance on exchange rate and liquidity management
setting key policy rate in Zimbabwe
sector public sector
typeOfBody policy-making body
usesInstrument liquidity management tools
open market operations
policy interest rates
reserve requirements

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Referenced by (1)

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Economic Research Division beneficiary Monetary Policy Committee of the Reserve Bank of Zimbabwe