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Politique monétaire : Bheenick remet en question l’indépendance du MPC

u003cpu003eLe Gouverneur de la Banque de Maurice a rallumé la mèche en remettant en question le fonctionnement du comité de politique monétaire. Il plaide pour lu0026rsquo;indépendance opérationnelle du Monetary Policy Committee (MPC) dans sa u003cemu003eLetter to stakeholdersu003c/emu003e. u0026laquo;u0026nbsp;u003cemu003eThe time is ripe for a review of legislation to give the bank operational independence in the formulation and implementation of the monetary policy as is the case not just in most developing economies but also in a number of major central banks.u003c/emu003eu0026nbsp;u0026raquo;u003c/pu003eu003cpu003eRhundeersing Bheenick insiste pour une approche u0026laquo; adulte u0026raquo; afin de mieux comprendre la politique fiscale et la politique monétaire. Commentant sur la coordination entre la politique fiscale et la politique monétaire, il soutient queu0026nbsp; u0026laquo;u0026nbsp;u003cemu003eif all instruments have to be borne by one side, then this can hardly qualify as u0026lsquo;coordinationu0026rsquo;. u003c/emu003eu003cemu003eRegrettably, much of the time, this has been the case for monetary policy, where compromises were expected from the Bank.u003c/emu003eu0026nbsp;u0026raquo; Malheureusement, u0026ndash; ou heureusement u0026ndash; ajoute le Gouverneur, de par les statuts de la Banque, u0026laquo;u0026nbsp;u003cemu003eadjustments cannot come from the monetary policy side; and the bank gets blamed unfairly for actually doing the job for which it was set up in the first place!u0026nbsp;u003c/emu003eu0026raquo;u003c/pu003eu003cpu003eLire advantage dans notre magazine de ce mercredi 5 mars.u003c/pu003e

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