Three-quarters of surveyed central banks answer to parliaments
Held accountable: benchmark responses on how central banks report on their activities
At least three-quarters of central banks participating in the Governance Benchmarks 2022 must report their activities to their country’s parliament or an equivalent legislative body.
Of the 34 central banks surveyed, 26 said the governor or other senior official had to appear “regularly” before parliament “to explain the central bank’s actions”. Only three did said they did not. Another five respondents did not answer that question.
This represented only a slight change from 2021, when 71% of
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