Republic of North Macedonia: Central Bank Transparency Code Review

Central Bank Transparency Code Review

Volume/Issue: Volume 2022 Issue 026

Publication date: January 2022

ISBN: 9798400201684

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Finance , Money and Monetary Policy , International - Economics , IMF central bank Transparency code , code review , C , emergency liquidity assistance , IMF mission , official relation , International reserves , Anti-money laundering and combating the financing of terrorism (AML/CFT) , Financial sector stability , Financial statements , Global

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Summary

The National Bank of the Republic of North Macedonia (NBRNM) is implementing advanced transparency practices. The long-standing commitment to transparency noted by a number of stakeholders and forcefully re-affirmed in the recent period is well anchored in the law, and it has been designated by the NBRNM as a strategic objective to fulfill its mandate. This policy has earned the NBRNM noteworthy trust from stakeholders met by the mission, and it has paid significant dividends in terms of anchoring its autonomy and ensuring policy effectiveness.