Reserve Bank Governor to steer International and Monetary Financial Committee | Fin24
 
  • New Notes

    Long queues have formed in Harare after Zimbabwe released new bank notes and coins.

  • Open Book

    Former President Jacob Zuma says the public protector can access his tax records.

  • Electricity

    Sowetans should pay rate of R150/month to foster a payment culture, says an ANC councillor.

Loading...

Reserve Bank Governor to steer International and Monetary Financial Committee

Jan 18 2018 18:26
Lameez Omarjee

Cape Town – Reserve Bank Governor Lesetja Kganyago has been appointed chair of the International Monetary and Financial Committee (IMFC).

The Reserve Bank made the announcement in a statement on Thursday afternoon.

Kganyago will serve as chair of the committee for a three-year term, effective from January 18, according to the statement.

The IMFC consists of finance ministers, central bank governors and is the primay advisory body of the IMF board of governors and deliberates on principal policy issues facing the IMF, the Reserve Bank explained. 

The IMFC meets twice a year, during April and at the annual meetings of the IMF and World Bank in October.

Last year Kganyago was named Central Bank Governor of the Year for Sub-Saharan Africa.


* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

sarb  |  mpc  |  lesetja kganyago  |  sa economy  |  interest rates  |  repo rate
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What do you think about private healthcare in SA?

Previous results · Suggest a vote

Loading...