He followed up by preparing the framework for creation of a single currency and a regional central bank by the end of the century.

In 1791, Madison and Hamilton again clashed when the latter proposed the creation of a national bank.

The second phase would involve creation of a regional central bank and the third would bring a single currency.

The group's executives say the creation of a bank offers substantial savings on financing.

When Sudan achieved independence in 1956, the creation of a central bank was a priority.

He advocated the creation of a public bank and increased immigration.

However, the government has ruled out the creation of a bad-asset bank.

Hamilton clearly had sweeping ideas - like the creation of a central bank and the first sin taxes, on liquor.

The final two phases would involve the adoption of a common currency and the creation of a regional central bank.

The majority report of August 1938 recommended for the creation of a central bank with enhanced powers and functions.