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| Posted: 28 Aug 2012 11:49 AM PDT  And we should be proud of her too. Only a few women possess such a credible talent and knowledge for that job. It means our banking system is well-recognised as vibrant, the economy moves in the right direction while our foreign debts, if any, is manageable. However, there are still unpleasant remarks to undermine the fact and figure, such as "our experts are not telling us the whole truth about the actual situation of the economy..." or "of course we have to blanket some negative elements about the economy or we would see massive capital outflows..." Be wise, please. Our growth and economic indexes are monitored by the World Bank, IMF and other internationally-recognised bodies, and they never lied with their findings and analysis. ZETI STILL RANKED AMONG WORLD'S BEST CENTRAL BANKERS KUALA LUMPUR: Bank Negara Malaysia's governor Zeti Akhtar Aziz maintains her position among the heads of the central banks named by Global Finance magazine as the World's Best Central Bankers over the past year. Zeti was one of the six heads of central bank scoring an "A" in the Central Banker Report Card published by Global Finance. She scored an "A" last year and also in 2010. The other heads of the central banks who maintained the "A" score include Amando Tetangco Jr of the Philippines, Taiwan's Fai-Nan Perng, Reserve Bank of Australia governor Glenn Stevens, and Bank of Israel governor Stanley Fischer. A newcomer was Mark Carney of Canada, who last year received a "B+". Meanwhile, the US Federal Reserve chairman Ben Bernanke improved his score to "B" from "C" last year. The "Central Banker Report Card" feature, published annually by Global Finance since 1994, grades Central Bank Governors of 50 key countries (and the European Central Bank) on an "A" to "F" scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management. "A" represents an excellent performance down through "F" for outright failure. Subjective criteria also apply.Said Global Finance publisher Joseph Giarraputo: "During one of the toughest years on record, the World's Central Bankers were tested as never before. "Every year, we assess the determination of Central Bankers to stand up to political interference, and their efforts at influencing their governments on such issues as spending and economic openness to foreign investment and financial services." - Bernama   |
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