Mission
Primary objective of ČNB as stated in the Act on ČNB is price stability. Secondary objective is to support a sustainable economic growth. Currently in employs inflation targeting monetary transmission mechanism. The goal is to stabilize inflation around 2.0% per annum.
Read more about this topic: Czech National Bank
Famous quotes containing the word mission:
“We never can tell how our lives may work to the account of the general good, and we are not wise enough to know if we have fulfilled our mission or not.”
—Ellen Henrietta Swallow Richards (1842–1911)
“We can come up with a working definition of life, which is what we did for the Viking mission to Mars. We said we could think in terms of a large molecule made up of carbon compounds that can replicate, or make copies of itself, and metabolize food and energy. So that’s the thought: macrocolecule, metabolism, replication.”
—Cyril Ponnamperuma (b. 1923)
“It is the mission of the twentieth century to elucidate the irrational.”
—Maurice Merleau-Ponty (1907–1961)