The Credit and Monetary Council shall regulate the monetary and credit institutions and coordinate their activities to achieve the following objectives in the span of its powers and within the general economic orientations of the State:

  • Stabilize the overall level of domestic prices.
  • Maintaining the stability of the monetary and banking system and en its competitiveness in order to maintain the purchasing power of the national currency and the growth and stability of financial markets.
  • Supporting the Government's policy of achieving sustainable growth and employment within the objectives and functions of the Central Bank.