Commence daily sweeping of balances in operational accounts of all M&As held at the CBL into the treasury’s operational account.
Introduced at R1. Justification: Improve cash management with a view to eliminate idle accounts. Daily sweeping to begin by end December 2013. At R2, On track. First draft of public debt policy has been drafted. The revised medium-term debt strategy will reflect recommendations provided by the Fund. At R3, Not met on time, but implemented with delay, on February 12.