What, then, is required from the new law? First, a clear definition of the objectives of the central bank must be specified. It is important that we adopt the concept accepted throughout the world, and define the achievement of price stability according to a target set by the government - as the major goal.
In addition, the Bank should also  2  BIS Review 41/2005  support the orderly activity of the financial system. At the same time it is important to specify that the Bank should support other objectives, such as growth and employment, as long as these do not undermine price stability.