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Article: Finance minister encourages debate on inflation targeting.(News)

Article from:
The Mercury (South Africa)
Article date:
June 24, 2009
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BYLINE: CHRISTELLE TERREBLANCHE

Finance Minister Pravin Gordhan has tried a balancing act by opening the door for a discussion on the contentious issue of inflation targeting.

Addressing MPs in Parliament yesterday, Gordhan reaffirmed the government's support for Reserve Bank Gover- nor Tito Mboweni's adherence to inflation targeting. "Our economic policies remain in place," he told a meeting of the National Assembly's finance and economic development committees. But he said he welcomed "the national dialogue" around the appropriateness of the technique.

"So the governor certainly has our support," said Gordhan. "However, we do have ...

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