Monetary policy

$20.21M USD

Funder	U.S. Agency for International Development
Recipient Organization	Inter-American Development Bank - Other
Country	Haiti
Start Date	Feb 23, 2009
End Date	Mar 13, 2011
Duration	748 days
Number of Grantees	17
Roles	Recipient
Data Source	US Foreign Aid
Grant ID	`189652-76`

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.