Page 9 of 11  The flagship strategic projects on the Bank’s current work agenda all align with the “Government’s broader economic objectives while maintaining the Bank’s operational independence”.
30 These ongoing projects at the Bank include: -  the implementation of our new monetary policy framework the review of the Bank’s prudential and regulatory functions the bank capital adequacy consultation that is currently underway, and exploratory work on the emerging impact of technology on the Bank’s currency functions and research on digital currencies  The imperative for this work program also arises from the global policy environment that central banks are presented with: that is, balancing uncertain growth and continued low nominal interest rates - against inflated central bank balance sheets, and the ever-present threat of asset price bubbles.