South Africa

WASHINGTON, 02 December 2024 / PRN Africa / -- Summary

The South African Reserve Bank (SARB) sets a high benchmark for transparency and is considered by the external stakeholders one of the most reputable and effective public institutions in South Africa, and globally. The SARB’s transparency practices are broadly aligned with expanded and comprehensive practices as defined by the IMF Central Bank Transparency Code (see Table 1). The SARB’s commitment to open and transparent communications, as embedded in its 2025 Strategic Plan, is highly valued by its external stakeholders.

SOURCE International Monetary Fund (IMF)