SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Economics A Level (DONEEEEEEE)

» Start this Course
(Practice similar questions for free)
Question:

How can Central Banks act as the Banker to the Government

Author: eric_galvao



Answer:

-A Central Bank helps the Government manage the National Debt. This may involve Issuing Government Bonds -It also can offer Advice to the Government on Economic Matters, and help in Negotiating with International Financial Organisations -Note: It is the Debt Management Office, NOT the Bank of England, that issues Gilts (Gov Bonds) The Bank of England does play a Huge Role however in Facilitating the Transaction and Banking Services


0 / 5  (0 ratings)

1 answer(s) in total