88 No. 2 of 2016] Constitution of Zambia (Amendment) (b) the expenditure of the Republic during that financial year; (c) gifts, donations and aid-in-kind received on behalf of the Republic in that financial year, their value and how they were disposed of; (d) debt repayments; (e) payments made in that financial year for purposes other than expenditure; (f) the financial position of the Republic at the end of that financial year; and (g) other information as prescribed. AuditorGeneral’s report 212. The Auditor-General shall, not later than nine months after the end of a financial year, submit an audit report to the President and the National Assembly, on the accounts of the Republic audited in respect of the preceding financial year. PART XVII CENTRAL BANK Bank of Zambia 213. (1) There is established the Bank of Zambia which shall be the central bank of the Republic. (2) The functions of the Bank of Zambia are to— (a) issue the currency of the Republic; (b) determine monetary policy; and (c) regulate banking and financial services, banks, financial and non-banking institutions, as prescribed. (3) There is constituted a Board of Directors for the Bank of Zambia whose composition shall be prescribed. (4) The functions of the Bank of Zambia vest in the Board of Directors and shall be performed as prescribed. (5) The Bank of Zambia shall not be subject to the direction or control of a person or an authority in the performance of its functions. Governor of Bank of Zambia 214. (1) There shall be a Governor of the Bank of Zambia who shall be appointed by the President, subject to ratification by the National Assembly, and who shall be— (a) a citizen;