SARB's Mboweni at G20 seminar on economic growth

In a speech given on 3 August Tito Mboweni of the South African Reserve Bank said the Reserve Bank has been making an important contribution to macroeconomic stability, creating a stable framework for growth.

"CPIX inflation has remained in the 3-to-6-per-cent target range since September 2003, i.e. for 22 successive months. Gross domestic product growth measured 3,7 per cent in 2004 and is expected to grow at similar levels this year, and the government's objective is to implement policies to

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