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Thematics

Committee of Central Bank Governors in SADC (CCBG)

est. 1995

OVERVIEW

The creation of the Committee of Central Bank Governors (CCBG) in SADC was supported by the Ministers responsible for national financial matters in July 1995 and approved by Council at their meeting in August 1995.

This committee was established because of the need for a specialized body in SADC to promote and achieve closer cooperation among central banks within the Community. The CCBG deals with the development of financial institutions and markets, cooperation regarding international and regional financial relations, and monetary, investment and foreign exchange policies

OBJECTIVES

The CCBG was created as a vehicle for co-operation in the area of monetary policy and central bank activities among Member States.