BH comic strip pt 2
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- I should search up more information about this.
- Central Banking -implement monetary policy-supervise and regulate the banking sector-act as the government's fiscal agentencourage the growth of Bahrain as a major international financial center, and-manage the foreign currency, cash, and gold reserves of the Kingdom.
- Ohh so these are the functions, I get it now.
- 2) Im good, what's up?
- 1)hey Samantha, how are you?
- 3)Oh Right! I need to ask you something, have you learned about the central bank in your school?
- 1)Yes! we recently learned about its importance in the development of the country
- 2)Would you want me to share it with you?
- 3)YES PLEASE! I really need information for our quiz tomorrow
- 1)You should know it regulates the monetary decisions for the economy, it plays a big role in the whole financial system of Bahrain
- 2)Oh right, since it is a big factor for financial stability, it probably helps the economic development right? I remember learning about the different sectors helping the economic growth.
- 1)Yes you are correct, since it carries out a nation's monetary policy and controls its money supply, it is often mandated with maintaining low inflation and steady GDP growth.
- 3)you are welcome!
- 2)Ohhhhhh! I see now why it is the most important sector of the economy, I am really grateful to you, TYSM!
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