Few central banks report funding problems
Only 10% of central banks say they lack adequate resources
Most of the central banks that responded to the Governance Benchmarks 2022 felt that they had the resources they needed to carry out their tasks.
Of the 30 respondents that answered the question about sufficient resources, 27 central banks, or 90%, answered yes. Another 3, or 10%, responded with a negative.
Two of these central banks are in African countries, while a third serves a small but high income non-eurozone European country.
Another central bank, from a high income country in the
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More on Governance
Governance Benchmarks 2024 – model banks analysis
Additional breakdowns of the data reveal details of central bank powers, staffing and more
Governance Benchmarks 2024 report – central banks’ core processes
The benchmarks shed light on central bank profitability and distributions, independence and more
Central banks reveal top staffing constraints
Career progression limits, skills gaps and red tape identified as challenges
Most high income central banks lack formal recapitalisation agreements
Seven respondents report launching recapitalisation in past year
Central banks’ profit distribution widely agreed with governments
Few institutions have arrangements with other parties or private shareholders
Two-thirds of central banks report profit in last fiscal year
Few institutions seek recapitalisation and technological advancement for operational goals
Board non-execs more likely to be appointed by governments
Middle income central banks tend to have more government officials on board
Central bank independence usually safeguarded by law
But one in 10 respondents see their autonomy threatened
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