Sarb sets out five-year strategy in annual report
Central bank outlines objectives to be achieved by 2020
In its annual report, published today (June 24), the South African Reserve Bank (Sarb) details five main objectives it aims to achieve by 2020.
Within the next five years, the central bank aims to have 100% of financial institutions meet or exceed the quantitative prudential standards for systemically important financial institutions.
It will also aim to keep headline inflation between 3% and 6%, while enhancing South Africa's resilience to external shocks. Regarding counterfeiting numbers, the
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