The Bank's Conduct of Monetary Policy Next, I will elaborate on the Bank's thinking behind the conduct of monetary policy. As stipulated in the Bank of Japan Act, the objective of the Bank's monetary policy is  4  "achieving price stability, thereby contributing to the sound development of the national economy."
First, we need to improve the composition of the budgets at all levels of government. The general governments of Bosnia and Herzegovina are on track to achieve a combined overall fiscal surplus for the second year in a row.