Monetary policy

$38M USD

Funder	U.S. Agency for International Development
Recipient Organization	BearingPoint, Inc.
Country	Iraq
Start Date	Aug 08, 2007
End Date	Jun 15, 2009
Duration	677 days
Number of Grantees	15
Roles	Recipient
Data Source	US Foreign Aid
Grant ID	`182052-76`

Grant Description

Monetary policy consists of various mechanisms, such as interest rates, to allow the government to manage the economy by expanding or contracting the money supply.

Programs must encourage and help host countries to apply monetary policies that keep inflation low in the short- and long-term, establish the basis for financial stability, and are properly coordinated with fiscal policy to maintain internal and external balance.