The same applies to numerous other points of law relating to NBS operations which incorporate experiences gained in more advanced phases of development and which guarantees that our legislation will precede practice and enable us to learn from the experiences of others because many countries have been through these phases long before us.
The problem of fiscal surprises in the country is compounded by lack of control in the expansionary fiscal operations of the state and local governments. Corporate governance For credibility of the central bank to subsist, a widely accepted corporate governance arrangement must be put in place.