One-fifth of central banks say governing laws are inappropriate
Government still sets salaries at one-tenth of jurisdictions
One in five central banks consider their laws to be inappropriate in scope or wording, data from the Governance Benchmarks 2026 reveals.
Twelve (18.8%) of 64 central banks reported having these concerns in their jurisdictions.
As well as the institution’s overall objectives, a central bank’s laws are expected to state clearly the powers and duties of the monetary authority. The laws may contain clauses affecting the central bank’s relations with government and have some implications for its
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