Monetary Policy: How Does It Become a Tool to Support Poor Households Afford to Purchase an Affordable House?

Kosal Nith
Policy brief · Nov 2022

Abstract

Cambodia's current monetary policy lacks the autonomy to tackle affordable housing due to non-independent monetary tools and high dollarization. Liquidity-providing collateralized operations (LPCO) show promise as an innovative approach, partnering with private banks to offer low-interest mortgages.

Keywords: Monetary Policy; Affordable Housing; Dollarization; Cambodia