7.3 The Advisory Group would be requested to help organise a seminar/workshop for a day in an appropriate institution/centre for creating awareness and this would help the Standing Committee to concretise the views on recommendations.
Scientific progress definitely improves the conduct of monetary policy and other central bank tasks over time; but it is likewise true that academics often benefit from practitioners´ deep knowledge of data and institutional detail as well as their broad experience in all aspects of real-world monetary policymaking.