BIS central bankers’ speeches  5  Benchmarks for assessing monetary policy: optimal control As I indicated at the outset of my remarks, I supported the Committee’s statements in January and March pertaining to the stance of monetary policy. I will now explain the rationale for my judgments, and I will describe some of the tools that I use to make such assessments.
Firstly, it can decide on full cost recovery, that is, if it cost $ to provide, they will charge $ It can outsource the service so that an external firm provides it. The firm will charge the full cost plus, unless the government subsidises all or part of the service. It can provide the service free of cost to the consumer.