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One of the goals of monetary policy in a least developed country is to create and develop the financial and banking organizations to encourage, mobilize and channelise save for capital formation. Monetary Authority should encourage the establishment of bank branches in rural and urban areas. A policy that will help in making money from the fields do not generate income and encourage savings and investment for capital formation. It should also organise money and developing a capital market. These are essential for the success of a monetary policy oriented development that also includes debt management
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