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The Macau Monetary Authority is a department under the Economic and Financial Department of the Government of the Macao Special Administrative Region. Its predecessor was the Macao Currency and Exchange Supervision Office, which was established on June 12, 1989, and has been renamed after the transfer of sovereignty in Macau. The Macau Monetary Authority, as a government agency specializing in financial affairs, is mainly responsible for ensuring the free flow and use of the pataca, and to further promote the use of currency.

Macau Monetary Authority

The Macau Monetary Authority is a department under the Economic and Financial Department of the Government of the Macao Special Administrative Region. Its predecessor was the Macao Currency and Exchange Supervision Office, which was established on June 12, 1989, and has been renamed after the transfer of sovereignty in Macau. The Macau Monetary Authority, as a government agency specializing in financial affairs, is mainly responsible for ensuring the free flow and use of the pataca, and to further promote the use of currency.

Chinese name

Macau Monetary Authority

Foreign name

Monetary Authority of Macao

Part of speech

noun

Category

Monetary Authority

Area

Macao

In the late 1970s, China began an unprecedented economic reform. Since then, China's economy has grown rapidly, and at the same time it has driven the economic development of Hong Kong and Macau. It was because of this good economic environment, plus the

The responsibilities of the Macau Monetary Authority1 are set out in the Articles of Association approved by Decree No. 14/96 / M of March 11, with the following highlights:

Organizational structure of the Macau Monetary Authority

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2. Organizational Structure of the Macau Monetary Authority

According to Article 14 of the Articles of Association of the Monetary Authority of Macao, the management organs of the institution include administrative committees, supervisory committees and advisory committees.

2.1 Organizational Structure in 2005

Executive Committee

Chairman: Mr. Ding Lianxing

Members:

Macau's official monetary and financial statistics are compiled and released regularly after the establishment of the Macau Monetary Authority, the Macau Issuer, in the early 1980s. According to the provisions of Decree No. 62/96 / M on the "Macao Statistical Data System", the Macau Monetary Authority is the only official Macao statistical compilation agency other than the Statistics and Census Bureau. It has "technical autonomy" and can "independently "Compile and release Macau's official monetary and financial statistics. At the same time, Article 11 of the Annex to Decree No. 14/96 / M (General Rules of the Monetary Authority of Macau) also clearly stipulates that one of the functions of the Monetary Authority of Macau is to promote the compilation and release of statistics on currency, finance and exchange.

The Monetary Authority of Macao continues to expand the coverage of statistical data and is committed to improving the quality, integrity and public access of official statistics. The types of official financial statistics that are routinely released include monetary and credit aggregates (since 1984), monetary authorities and other monetary institutions (since 1984), interest rates (since 1984), and foreign exchange reserves (since Since 1984), exchange rates (from 1984), credit card business (from 2007), international banking (from 2007), overseas securities investment (from 2001), and balance of payments (from Since 2002).

In order to further integrate with international statistical standards, Macao joined the "Data Publishing General System" advocated by the International Monetary Fund on August 10, 2007. For detailed data on the compilation methods and release methods of the main official statistics of Macao, please visit the special page of the Macao Special Administrative Region of the People's Republic of China in the "Issue Board for Publishing Data of the International Monetary Fund".

The compilation and dissemination of Macau's official financial statistics is the responsibility of the Research and Statistics Office of the Macau Monetary Authority.