pp. 2227-2237 | Article Number: iejme.2016.196
Published Online: September 01, 2016
Article Views: 234 | Article Download: 281
This article is focused on the government measures for economic support in the conditions of a floating exchange rate of the national currency. The authors analyzed foreign experience of the other countries and propose measures that should be improved in the national field. The implementation of monetary policy causes an increase in the money supply by the recession, stimulate spending, but at the time of inflation, on the contrary, limits the money supply in order to reduce costs. Currently, the main goal of the National Bank of the Republic of Kazakhstan is to ensure price stability in the country, expected accomplishments and keeping inflation low. In order to achieve the targets and the implementation of monetary policy, the National Bank uses certain tools. This article discusses the purpose and monetary policy instruments that have been used by the National Bank in current period and their influence on the economic system.
Keywords: Monetary policy; exchange rate; banks; government measures.
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