Close This website uses modern features that are not supported by your browser. Click here for more information.
Please upgrade to a modern browser to view this website properly. Google Chrome Mozilla Firefox Opera Safari
your legal news hub
Sub Menu
Search

Search

Filter
Filter
Filter
A A A

Government to consider introducing quantitative easing?

Publish date: 06 June 2019
Issue Number: 663
Diary: Legalbrief Forensic
Category: Policy

The ANC’s national executive committee has ‘directed’ government to ‘consider constituting a task team’ to explore the possible use of quantitative easing as one measure for ‘addressing’ intergovernmental debt and making funds ‘available for developmental purposes’. According to a media statement (Polity) on the ANC national executive committee’s recent three-day lekgotla, the decision was made in the context of a resolution taken at the ruling party’s 54th elective conference, to ‘expand the mandate of the South African Reserve Bank beyond price stability to include growth and employment’.

Read full report