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Towards inflation targeting in egypt fiscal and institutional reforms to support disinflation efforts hoda abdel-ghaffar youssef september 2007. 1 inflation targeting is a recent monetary policy strategy that encompasses five main elements: 1) the public announcement of medium-term numerical targets for inflation. Evaluating the monetary policy conducted by an inflation-targeting central bank by simply comparing the actual values for inflation with the inflation target is surely inadequate: first, no central bank has complete.
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