If you were the governor of the reserve bank, what measures would you apply to control the drought situation in SA

Question

Bradyn Daniels

Social Studies

28 March, 17:46

If you were the governor of the reserve bank, what measures would you apply to control the drought situation in SA

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Talia Mueller · Answer 1

I would apply monetary policies and come up with economic strategy to re-stabilize the economy.

During the drought situation, a lot of businesses will lose their assets and forced to close down their business. In this situation, reserve bank could create some sort of monetary policy that make it easier for business owners to obtain emergency capital so their employees could survive the situation.