IMF Calls For Central Bank Accountability, Transparency & Communication

Credit: Wochit News
Published on April 13, 2019 - Duration: 00:34s

IMF Calls For Central Bank Accountability, Transparency & Communication

According to a report by Reuters, on Saturday, International Monetary Fund Managing Director Christine Lagarde said that accountability, transparency, and effective communication were key to components for central banks to be credible in delivering their mandates.

Reuters reports that when asked whether some central banks were facing threats to their independence in setting monetary policy, Lagarde said, "Independence has served them well in the course of time and will continue to do so."

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