Reserve Bank of Zimbabwe

Public Accounts Committee [PAC] Report - Reserve Bank of Zimbabwe (Compliance Issues)

INTRODUCTION
1.1 Section 119 of the Constitution, gives Parliament power to ensure that provisions of the Constitution are “upheld and that the State and all institutions and agencies of government at every level act constitutionally and in the national interest.”
1.2 Section 299 of the Constitution confers the Public Accounts Committee with unlimited oversight powers over all State revenues and expenditure. It states that

Reserve Bank Exchange Control Directive to Authorised Dealers RU 28/2019 of 22 February 2019

Table of Contents
1. Introduction ...........................................................................................................2
2. Establishment of an Interbank Foreign Exchange Market ....................................... 2
3. Export Receipts Retention Thresholds ....................................................................4
4. Export Receipts Retention Periods ..........................................................................5

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