Copy right  2015 Central Bank of Somalia, All Rights Reserved.
Central Bank of Somalia Central Bank of Somalia provides the nation with safe, flexible and stable monetary & financial system.”

Economic

Research and

Statistics

Our   main   objective   is   to   provide   high   quality research    and    ensure    that    the    bank    is    well equipped    to    cope    with    the    unprecedented challenges     associated     with     price     stability, monetary       and       exchange       rate       policy formulations.    To    do    this    effectively,    ER&S department    aims    at    creating    Meta    data    for price   stabilization   and   maintain   surveillance   on macroeconomic    indicators    of    the    country    by hiring   competent   professionals   that   work   in   the best interest of the Bank. Key functions include: Monetary and Financial statistics External sector statistical compilation and analysis Economic Forecasting Reports and Publications On    the    monetary    policy    management,    the newly   revived   Central   Bank   of   Somalia   is   in   the process   of   taking   full   charge   of   formulating   and implementing       monetary       policy.       Speedy resumption    of    taking    charging    of    monetary policy by the Central Bank. Dollarization      notwithstanding,      the      large issuance    of    the    Somali    shilling    increasingly fuels   price   raises   especially   for   the   low   value transactions   to   the   extent   that   inflation   runs   in high   double   digits   and   the   Somali   shilling   is continuously    on    a    depreciation    trend.    The inflationary   environment   is   expected   to   cease as   soon   as   the   Central   Bank   takes   full   charge of   monetary   policy   and   replaces   the   presently circulating   currency   printed      by      the   private sector.
Copy right  2015 Central Bank of Somalia, All Rights Reserved.

Economic Research and Statistics

Our   main   objective   is   to   provide   high   quality   research   and   ensure   that   the   bank   is   well equipped    to    cope    with    the    unprecedented    challenges    associated    with    price    stability, monetary   and   exchange   rate   policy   formulations.   To   do   this   effectively,   ER&S   department aims    at    creating    Meta    data    for    price    stabilization    and    maintain    surveillance    on macroeconomic   indicators   of   the   country   by   hiring   competent   professionals   that   work   in   the best interest of the Bank. Key functions include: Monetary and Financial statistics External sector statistical compilation and analysis Economic Forecasting Reports and Publications On   the   monetary   policy   management,   the   newly   revived   Central   Bank   of   Somalia   is   in   the process   of   taking   full   charge   of   formulating   and   implementing   monetary   policy.   Speedy resumption of taking charging of monetary policy by the Central Bank. Dollarization   notwithstanding,   the   large   issuance   of   the   Somali   shilling   increasingly   fuels price   raises   especially   for   the   low   value   transactions   to   the   extent   that   inflation   runs   in   high double   digits   and   the   Somali   shilling   is   continuously   on   a   depreciation   trend.   The   inflationary environment   is   expected   to   cease   as   soon   as   the   Central   Bank   takes   full   charge   of   monetary policy and replaces the presently circulating currency printed  by  the private sector.
CONTACT INFORMATION P.O Box 11, 55 Corso Somalia Mogadishu, Somalia Tel/Fax: +2521241152, Tel: +2521866131 Tel: +2521866151 Email: it@centralbank.gov.so
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