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10 Sep 2007
BERL Submission to Monetary Policy Review
Dr Ganesh Nana
BERL's submission to the Finance and Expenditure Select Committee stresses the need for other economic policy objectives to also be considered when assessing monetaty policy actions. The present sole focus on controlling inflation is ignoring the costs imposed on other sectors of New Zealand. We urge a transparent weighing of benefits and costs be reported when monetary policy actions are announced.
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