Governance
Paraguay legislators clash with central bank over secrecy rules
Legislators considering changes to central bank law
BCB union suspends strike for two weeks
Brazil central bank workers reject 5% pay offer and will continue some labour protests
BCEAO governor becomes vice-president of Côte d’Ivoire
Ecowas president Jean-Claude Brou in line to take over as central bank governor
Governance Benchmarks 2022 – executive summary
Central banks discuss how they deal with problems of accountability and independence
Chile central bank board adopts code of conduct
Regulations include anti-drug measures and trading restrictions
Biden nominates Barr for Fed supervision post
Previous nominee Sarah Bloom Raskin withdrew in March after Republican attacks
Yellen calls for IMF reform
US Treasury secretary says fund needs better “tools” to tackle crises as well as governance reform
Myanmar deputy governor is alive after shooting – reports
Military junta says Than Than Swe is being treated in hospital
SNB has weak transparency and governance practices – report
Board risks “group-think”, as its monetary policy communication is shallow, experts argue
Governance Benchmarks 2022 – central banks’ essential frameworks
A data-informed look at governing structures and the challenges they face
Azerbaijan appoints new governor after dismissing predecessor
New governor faces rising inflation and stagnant growth after president fires 27-year incumbent
IMF promises $3 billion financing for Lebanon but demands reforms
Deal depends on monetary policy and central bank reform, as well as banking clean-up, IMF says
Nepal suspends governor as economic problems deepen
Maha Prasad Adhikari faces possible dismissal, as Nepal struggles to cope with Covid-19 fallout
Myanmar orders FX restrictions as reports say deputy governor was shot
Expert says currency move is "pretty desperate" as military junta tries to deal with turmoil
Honduran governor asks for 50% salary cut
Santos’s request comes as president calls for spending cuts amid fiscal crisis
Few central banks report funding problems
Only 10% of central banks say they lack adequate resources
Sri Lankan president appoints governor criticised over ‘bond scam’
New governor was accused of negligence by judicial inquiry over conduct in financial wrongdoing
Presidential ally obtained funds from Zimbabwe central bank
RBZ exchanged Treasury bills at inflated rate as part of giveaway, investigation finds
Brazilian central bank strike escalates
Staff now out indefinitely, interfering with Pix and economic statistics
Median bank has had four governors in past 20 years
Governor turnover probably does not reflect independence
Sri Lankan governor resigns amid massive economic crisis
Finance minister also quits as crowds demonstrate against power cuts and food price rises
São Tomé governor replaced
Central bank chief had challenged prime minister for party leadership
Governors are rarely dismissed early
Most jurisdictions have the power to dismiss central bank governors, but rarely use it
Malawi central bank fund in crossfire of allegations
Audit finds a loss of over $15 million, but some staff claim directors ordered bogus inquiry