At the same time, with gradual opening up of the economy and development of domestic financial markets, the operational framework of the RBI also changed considerably with clearer articulation of policy goals and more and more public dissemination of vast amount of data relating to its operations.
For South Africa’s economy to become stronger and more resilient, and to make inroads into poverty, we need not only to avoid further downgrades; we should also ensure that the recent downgrades are eventually reversed. Page 9 of 10  Thank you. Page 10 of 10