GOLD & FOREIGN EXCHANGE CONTINGENCY RESERVE ACCOUNT: TREASURY UNPACKS REFORMS

GOLD & FOREIGN EXCHANGE CONTINGENCY RESERVE ACCOUNT: TREASURY UNPACKS REFORMS

• 23 February 2024
• National Treasury
• SA Legal Academy

National Treasury has published a document answering what are described as ‘frequently asked questions’ about the gold and foreign exchange contingency reserve account settlement framework.

This follows the tabling in Parliament of a Gold & Foreign Exchange Contingency Reserve Account Defrayal Amendment Bill, the purpose of which is to give effect to the agreement.

The agreement itself apparently focuses on reforms to the settlement framework and is outlined in the Budget review documents.

• National Treasury ‘frequently asked questions’ document
• Bill
• Budget speech
• Budget review documents

Published by SA Legal Academy Policy Watch

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