It is widely believed, at least among central bankers, that “independence” is a prerequisite for achieving the goals that traditionally have been assigned to central banks specifically for achieving price stability. “Independence” does not mean literally independence from government, because central banks here and abroad are almost always part of government. The relationship of central banks to...

Central government budget expenditures, which are very important for parliamentary systems, respectively in Turkey; It goes through the stages of preparation, approval, implementation and control. Stability is essential these public will take place following fiscal year. Otherwise, deficit occurs as a result expenditures being more than revenues. divided into two economic functional classificat...