Treasury welcomes IMF report ranking SA top 3 in fiscal transparency

The International Monetary Fund’s (IMF’s) Fiscal Transparency Evaluation Report has placed South Africa in the top three countries in terms of transparent fiscal practices, which National Treasury has welcomed. In July 2023, the IMF’s Fiscal Affairs Department (FAD) undertook a Fiscal Transparency Evaluation, at the request of National Treasury. Interviews were conducted with Treasury senior staff, government ministries, parliamentary committees, the Reserve Bank, civil society organisations, development partners, and Eskom.