In the 1980s and 90s they called that set of conditions "a Structural Adjustment Programme" and it tends to take very similar forms wherever it happens. Indeed we can see structural adjustment programmes in essence happening today in countries like Greece and Portugal and Ireland, where countries are instructed to decrease the amount they spend on the public sector, they are instructed to liberalise their trade market and liberalise their capital market,
After independence, these instruments were applied for financing expansion. Why was such a small country able to hold its own against so much bigger countries, for example Spain and Portugal, that had the benefits of their empires for over a century in respect of the Netherlands?
Government contracts are signed on the basis of Federal Law No. 44. To fulfill this contract, special auctions are held, in which the company that offers goods or services at the lowest prices wins. But there is always a possibility that the winner will not be able to fulfill the customer's requirements for various reasons. Under such conditions, the customer will lose a lot of time and money, so he needs a guarantee, for which usually the participants in the process turn to a reliable and trusted bank. They should understand how to get a bank guarantee to secure a contract, how its value is determined, and also for what period it is provided. The use of this guarantee is mandatory for participants.
Foreign exchange reserves cannot be directly used for domestic spending. The money can only be spent abroad or on imports. A country with a large balance of trade deficit relies on its creditors to spend the imbalances accrued in its own market.
Democratising the money supply means putting the power to issue and allocate money back into hands of people, and taking it away from private organisations and institutions that don't actually represent the people, that aren't democratically accountable to the people.
This kind of model doesn't make any sense either from an orthodox free-market perspective, because these banks are monopolists: effectively they monopolise credit creation, so they don't obey the rules of any free-market discipline.
This is the government's response to the bank bailouts and is necessary in a debt/based monetary system where increased purchasing power is the result of growing debt and where a diversification of debt provides overall stability and market confidence.