But there are many appealing options available for other aspects of policy. For South Africa, our present predicament should be read as an invitation to embrace reform. The National Development Plan provides a compelling basis upon which to build our reform agenda. Let us begin to do the work.
The contribution of the South African Reserve Bank to the National Development Plan is captured in the constitution of the Republic of SA and I would like to end by quoting “Section 224.The primary object of the South African Reserve Bank is to protect the value of the currency in the interest of balanced and sustainable economic growth in the Republic.” Thank you.