Around half of governments consult central banks on mandate reviews

Practice less likely to be found in Asia-Pacific and the Americas

Just under half of central banks say a review of their legislative mandate requires they be consulted by the government, the Governance Benchmarks 2024 finds. 

Twenty-two (47.8%) of 46 central banks say the procedure is a practice in their jurisdictions. The policy is also the least common among statutory provisions reported by participating institutions. The ranking mirrors that of the 2023 benchmarks. But the proportion this year is higher than the 33% in the 2023 dataset, which reflected a

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