Workshop on Sustainable Development

The last financial crisis pointed to the necessity for strong and stable financial systems resistant to potential risks and shocks. Stable financial systems contribute to sustainable economic growth. A stable financial system makes people ready to borrow, save and invest. An importance of building a strong and stable financial system resilient to potential risks and imbalances is crucial in order to guarantee safe and stable financial and economic atmosphere.

Central banks around the world are primarily committed to creating monetary stability but at the same time safeguarding financial stability. In that regards they are creating policies and strategies which can provide sound financial systems that will serve economic development and contribute to overall growth. The main objective of macroprudential policy is to provide stability of the financial system while providing sustainable contribution of financial system to economic growth.

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