What is Asset Management?

To monetise something means to ‘express it or convert it into the form of currency’. Basically, monetising is ‘to utilise (something of value) as a source of profit,’ or ‘to convert an asset into money or a legal tender.’ For example, a government can monetise the nation’s debt by acquiring debt treasuries, which increases the supply of money. Consequently, the debt is turned into money, or in other words, it is monetised.

 

Public assets such as roads, airports, railways, power transmission lines, pipelines, shipping terminals, mobile towers and other land and building, financial assets are controlled by departments of central government,