Another challenge is to ensure that as South Africa’s role grows internationally, and we are more and more recognised as an important voice at the table, we are able to commit sufficient resources to be able to respond appropriately.
In order to address this challenge, the South African Reserve Bank is currently in the process of setting up a dedicated international economic relations and policy department. South Africa chaired the G-20 in 2007, and focused predominantly on IMF quota and voice reform.