Oan Central Bank: Difference between revisions
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The Governor of the Bank is currently Pauro Toangakau. The Governor reports to the [[Politics of the Oan Isles#Executive|Council of Ministers of the Oan Isles]] on monetary issues within the framework of the bank. They control and supervise the daily operations of the bank and represent the bank to external institutions (for instance they sit on the board of Governors of the ACB). They are assisted by 3 Deputy Governors who administer areas within their competence.
The Bank is independent of the government. It has the freedom to set targets and administer its affairs without external political pressure. Nevertheless, it must answer for its actions to democratically elected politicians. Moreover, as the sole shareholder, the state has some powers over the bank. For instance, the Prime Minister has the power to advise the [[
== Criticism ==
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