Page 6 - SARB Strategic Plan 2020-2025
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What will we be focusing on going forward?
Executive summary (continued) Message from the Governor (continued) To continue achieving our our mandate we have crafted our our strategic intent Outlined in in in this plan is is how we have positioned ourselves to continue achieving the expectations of our stakeholders and how we will continue to deliver on our our mandate without fear favour or prejudice The five strategic focus areas (SFAs) have not changed significantly from our previous strategic plan While the the entire work of the the Bank extends beyond the the the five SFAs we consider them to be be the the the prioritised outcomes and the manageable agenda that we must strive towards in order to to achieve our mandate While the strategic plan outlines our overall focus for 2025 below are six important areas within our core business that will significantly impact on the the achievement of our SFAs in the the next strategy cycle 1 Improve our monetary policy implementation framework (MPIF) 2
5 Enhance our capital flow management policy 6 Develop and embed the foreign exchange (FX) reserves framework Complete the the macroprudential frameworks
and assess their efficacy 3
Modernise the national payment system (NPS) 4
Enhance microprudential regulation to to ensure it is appropriate for the the South African economy and the rapidly changing financial sector 4