The Steering Committee of the International Monetary Fund (IMF)’s Africa Regional Technical Assistance Center East (East AFRITAC) met in Lilongwe, Malawi on April 4, 2017 to assess the Center’s operations and discuss forward looking plans. The Committee endorsed the Center’s strategic goals to support its member countries’ objectives to increase government revenues, improve spending efficiency, develop the financial sectors, produce good quality data to support policy making, and promote regional integration. The Committee also discussed financing issues. Officials from six of the seven member countries (Eritrea, Ethiopia, Malawi, Rwanda, Tanzania, and Uganda) attended, together with development partners (the European Union, the United Kingdom, Germany, the U.S., and the African Development Bank).
AFE's first Quarterly newsletter highlights activities undertaken between November 2016 and January 2017 in the region.
AFE bid farewell to one advisor during this period and welcomed two more.
The “regional corner” section reports on a press conference organized jointly by the EAC Secretariat, the IMF, and AFE about “Improvements in East African Statistics through Capacity Development.
The Conference highlighted recent improvements in economic and fiscal statistics in Kenya, Rwanda, Tanzania, and Uganda, that were produced through a capacity development program (CDP) that is supported by the EAC Secretariat, the IMF, and AFE. Preliminary statistical results from the CDP were presented during the press conference.
This month's Country Corner features Dr. Thomas Kigabo, the Director General for Monetary Policy and Chief Economist at the National Bank of Rwanda.
Dr. Kigabo provides feedback on the EAC/AFE workshop on medium-term convergence programs in the EAC.
East AFRITAC bids farewell to its outgoing Center Coordinator, Mr. Sukhwinder Singh.
Other than highlights of activities conducted in all AFE countries, read up on the Incoming Center Coordinator, Mr. Hervé Joly.
See what the Center has been up to in Kenya, Malawi, Rwanda, Tanzania and Uganda.
There is a Regional Corner featuring an article produced by the IMF on the Center's work on developing Government Fiscal and Public Sector Debt Statistics
Highlights of the June AFE newsletter report include a Country Corner with Mr. Paul Maganga, Associate Director, Financial Markets Department with the Bank of Tanzania.
See what the Center has been up to in Eritrea, Kenya, Malawi, Rwanda, Tanzania and Uganda.
See what the Center has been working on for May and upcoming activities for June and July 2016.
This month East AFRIRAC has included a video of an the interview with the Head of Macro at Kenya's National Treasury, Mr. Musa Kathanje, discussing a recent training on Debt Sustainability from AFE.