Monetary policy should also support non-inflationary growth and foster stability of exchange rates.

The Monetary Authority of Singapore (MAS) serves as a central bank and has the function of ensuring the non-inflationary growth of the Singaporean economy.

Despite all the ups and down of recent years, our key challenge remains as it has always been: to create strong, sustainable, balanced, non-inflationary growth.

RiksBank (RB) is the central bank of Sweden: its function is to ensure non-inflationary growth of the Swedish economy by maintaining price stability.

During this first stage, closer surveillance and co-ordination of economic and monetary policies will contribute toward non-inflationary growth and a more robust international economic system.