IMF completes Course on Monetary and Exchange Rate Policy for East African Policymakers

The Institute for Capacity Development (ICD) of the International Monetary Fund (IMF) completed today a course on Monetary and Exchange Rate Policy in collaboration with the East African Regional Training Center (East-AFRITAC). The course, which took place from June 27 to July 10 in Kigali, Rwanda, brought together 34 mid-to-senior level officers from central banks and ministries of finance in eight member countries of East-AFRITAC.

The objective of the course was to broaden participants' understanding of monetary and exchange rate policy, drawing from experiences from emerging market economies in sub-Saharan Africa and around the world. It followed up on a recent seminar on modernizing monetary policy frameworks organized by the IMF's African Department for governors of central banks in the region. Technical discussions will also feed into an international conference on monetary policy frameworks being organized by the National Bank of Rwanda on July 19-20. The IMF will actively participate in this conference.