The Bank of Namibia (BoN) received a transparency award at the Annual Central Banking Awards in London on Thursday.
According to a statement issued by BoN, the award is a result of the bank’s efforts in its monetary policy communications and transparency in the execution of its price stability mandate.
“The Bank of Namibia’s application for the Transparency Award in 2023 involved presenting robust, evidence-based information and defending its initiatives against those of reputable central banks globally,” noted the statement.
BoN governor Johannes !Gawaxab said the award shows the bank’s commitment to transparency.
“This award reaffirms our dedication to upholding the highest standards of transparency and accountability in navigating the complex landscape of monetary policy,” said !Gawaxab.
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