We will seek facilitation with the Government and the relevant institutions which may potentially serve as the catalyst of use of payment system electronification. 25. Expanded payment electronification is also an integral part of financial inclusion policy to increase the access of unbanked people to financial institutions.
One of the insights offered by what is known as the Mundell-Fleming model is that you cannot have it all – a fixed exchange rate, free movement of capital and an independent monetary policy – at the same time. This insight came to be known as the impossible trinity.