Adding jobs to the Bank’s mandate will not fix the problem, says Kganyago
SA’s unemployment problem needs more credible solutions than making the Reserve Bank take on a dual mandate, warns Lesetja Kganyago
01 November 2022 - 12:31
SA has an unemployment problem that needs more credible solutions than changing the Reserve Bank mandate into a dual one, governor Lesetja Kganyago said on Tuesday.
The governor was responding to critics who have been vocal in their criticism of the Bank’s inflation targeting framework, recommending it target both employment and inflation instead...
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