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The RBA also provides services to the Government of Australia and services to other central banks and official institutions. [4] The RBA currently comprises the Payments System Board, which sets the payment system policy of the bank, and the Reserve Bank Board, which sets all other monetary and banking policies of the bank. [5]
The dual mandate is a common phenomenon in Greek politics. Some Members of Parliament , by tradition, become members of the government, and appointing technocrats to ministerial offices is unusual. As a result, the executive branch, and particularly the Prime Minister , has direct control of the legislative one.
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Michele Bullock (born 1962/1963) is an Australian economist who is currently governor of the Reserve Bank of Australia (RBA). She commenced as governor on 18 September 2023, and is the first woman to hold the role.
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A mandate is desirable for political parties, as it gives them leeway in policy implementation. [1] A party or candidate may claim to have a mandate, but it only confers a political advantage if this claim is widely accepted. [5] Non-electoral governments, such as dictatorships and monarchies, may also claim to have a popular mandate to rule. [6]
The Retirement Benefits Authority (RBA) is a regulatory body established by the Government of Kenya to supervise the establishment and management of retirement benefits schemes in the Republic of Kenya.