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The Central Bank of Ireland is the central bank and financial services regulator of the Republic of Ireland. The bank, headquartered in Dublin, is part of the European System of Central Banks (ESCB). It exercises much of its functions in collaboration with the European Central Bank and other Eurozone Central Banks. The bank was renamed as the Central Bank and Financial Services Authority of Ireland on 1st May 2003.
As a member of the Eurosystem, the Central Bank's main responsibilities are:
Towards ensuring a stable domestic economy, the bank performs following functions:
In Nigeria, as well as around the world, a majority of taxpayers view tax not as a contractual contribution to government expense, but as an involuntary tribute to be paid to avoid prosecution and penalty. Merely transcribing taxes from economic textbooks into local law will not work; tax regimes have to be developed from within the society, and targeted at the peculiar needs of the government. Tax policies have to be written by the people – and for the people. Only then would a sense of participation and expectation be truly generated, and the tax system manifestly effective. Read more
Joseph E. Stiglitz,
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