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Treasury releases PTA papers
The Treasury today released papers provided to the
Minister of Finance on the negotiation of the new Policy
Targets Agreement (PTA), given that there is likely to be
widespread interest in this advice.
The material consists
of two reports:
· "Appointment of a New Governor: Policy
Targets and Relationship Expectations"
· provides
Treasury's views on the performance of monetary policy,
options for the design of an inflation target and the
Treasury's preferred approach. In addition it discusses the
Minister's future relationship with the new Governor.
"Aide-Memoire: Appointment of a Governor - Process and PTA Issues" recaps Treasury advice on the PTA and sets out a recommended process for negotiating the PTA and expediting the appointment of a new Governor.
The papers are
available from the Treasury's website at http://www.treasury.govt.nz/release/pta/.
Hard copies of the papers are available from the reception
desk on the 13th floor of the Treasury, No. 1 the Terrace.
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