RBNZ issues Statement of Intent

The Reserve Bank of New Zealand has made public a Statement of Intent which outlines the Bank's plans for the period 2004 to 2007. This Statement of Intent has been prepared as a pilot document for an accountability obligation that will be required of the Reserve Bank from 2005 onwards.

Click here to read the Statement of Intent on the RBNZ's web site

Under impending legislation, section 162A of the Reserve Bank of New Zealand Act 1989 will require the Reserve Bank, prior to each financial year