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Central Bank Of East Timor
Banco Central de Timor-Leste ( pt, Banco Central de Timor-Leste, BCTL, ; tet, Banku Sentrál Timor Lorosa'e) is the central bank of East Timor located in its capital Dili. BCTL was formally established on 13 September 2011, replacing the Banking and Payments Authority of Timor-Leste (BPA) and the Central Payments Office. It is responsible for the monetary policy. The main functions: *conducting policies to maintain domestic price stability *fostering the liquidity and solvency of a stable market-based banking and financial system *providing the foreign exchange policy *promoting a safe, sound, and efficient payment system *supporting the general economic policies of the government. Governors See also * List of central banks . Central banks Central banks Central banks This is a list of central banks. Countries that are only partially recognized internationally are marked with an asterisk (*). Disappeared central banking jurisdictions * – Bank of Amsterdam (1609- ... ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
