MEFMI Presentation on Collaboration and Capacity Development with ATI and IMF
The Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) presented on their collaboration with the African Training Institute (ATI) and the International Monetary Fund (IMF) at the 10th ATI Steering Committee meeting. The collaboration includes joint regional courses, training, and technical assistance provided by ATI and IMF to enhance capacity development in macroeconomic and financial management for MEFMI member countries. The presentation highlights the successful partnership and future strategies for further collaboration.
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Presentation Transcript
Macroeconomic and Financial Management Institute of Eastern and Southern Africa MEFMI PRESENTATION AT THE 10TH ATI STEERING COMMITTEE MEETING Presented by Dr Sehliselo Mpofu 15 June 2023 Mode of Delivery - Hybrid
Outline Macroeconomic and Financial Management Institute of Eastern and Southern Africa 1) About MEFMI 2) ATI-MEFMI & IMF-MEFMI Collaboration on Training 3) How collaboration and capacity development provided by ATI (and the IMF more generally) fit into MEFMI s overall strategy (complementarities, for ex.) 4) How ATI and MEFMI can enhance the existing collaboration and what ATI can do to facilitate that collaboration, going forward 5) Conclusion 2
About MEFMI Macroeconomic and Financial Management Institute of Eastern and Southern Africa The Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) is a capacity building institution with 14 member countries in Eastern and Southern Africa. MEFMI member countries include Angola, Botswana, Burundi, Eswatini, Kenya, Lesotho, Malawi, Mozambique, Namibia, Rwanda, Tanzania, Uganda, Zambia and Zimbabwe. Of the 14 member countries, eight (8) are AFS members. These include Angola, Botswana, Eswatini, Lesotho, Mozambique, Namibia, Zambia and Zimbabwe. Capacity Development (CD) is provided in key areas of Macroeconomic, Financial Management. Sector & Sovereign Debt 3
Highlights of ATI-MEFMI&IMF-MEFMI Collaboration on Training Macroeconomic and Financial Management Institute of Eastern and Southern Africa MEFMI, ATI and IMF have collaborated on eighteen (18) joint regional courses from 2015 to date. This is a testament of strong partnership. Destination Country IMF-ATI Mauritius 2015 Regional Course on External Vulnerabilities and Policies IMF-ATI Mauritius 2016 Inclusive Growth IMF-ICD Uganda 2019 Exchange Rate Policy IMF-Statistics Lesotho 2019 Government Finance and Public Sector Debt Statistics IMF-Statistics Uganda 2019 General Data Dissemination System IMF-ICD Eswatini 2019 Macroeconomic Diagnostics IMF-Statistics Kenya 2020 Quarterly GDP, Economic Activity Indicators and Unobserved Economy IMF-ICD Online 2021 Model-Based Monetary Policy Analysis and Forecasting IMF-Statistics Online 2021 Quarterly GDP IMF-Statistics Online 2021 International Trade in Goods and Services Statistics IMF-Statistics Online 2021 Government Finance and Public Sector Debt Statistics IMF-Statistics Online 2021 Cross Border Position Statistics IMF-Statistics Online 2021 Enhanced General Data Dissemination System (e-GDDS) AFRITAC South & East IMF-MCM Online 2021 Financial Soundness Indicators IMF-ICD Online 2022 Nowcasting IMF-Statistics Online 2022 Remittance Statistics IMF-Statistics Online 2022 GFS/PSDS Course IMF-ICD Botswana 2023 Macroeconomic Diagnostics Lead Dept Year Courses Online 2021 Seminar on National Accounts for Beginners 4
Discuss how collaboration and capacity development (including training and technical assistance) provided by ATI (and the IMF more generally) fit into MEFMI s overall strategy (complementarities, for ex.) Macroeconomic and Financial Management Institute of Eastern and Southern Africa Inadequate capacity in financial and macroeconomic policy analysis still persists in MEFMI region. Member countries face limited resources (human & financial), inadequate skills and expertise, as well as inadequate frameworks to analyse emerging issues or shocks such as pandemics and climate change. Thus, this area is a key priority under MEFMI s Phase VI Strategic Plan (2022- 2026) and MEFMI is committed to fulfil this apparent capacity demand. To achieve this strategic objective, MEFMI plans, among other things, to enhance collaboration with strategic technical cooperating partners to build synergies and to avoid wasteful duplication of efforts. Collaboration and capacity development provided by ATI and IMF over years fits directly into MEFMI s overall strategy. It allows MEFMI to leverage on strengths of the IMF in addressing existing capacity gaps among member countries. Modular courses offered by IMF fit well in MEFMI Phase VI Strategy Mainstreaming of climate action fits well in MEFMI Phase VI Strategy. 5s.
How ATI and MEFMI can enhance the existing collaboration and what ATI can do to facilitate that collaboration, going forward. Macroeconomic and Financial Management Institute of Eastern and Southern Africa In 2021 ATI offered a Financial Soundness Indicators course in person, with multiple language translation. We think this is a very good initiative and should be maintained. ATI should consider translating the course materials for other courses into Portuguese to increase participation from Lusophone countries. ATI should consider holding some of the future workshops at a venue in a MEFMI member country instead of Mauritius to ease burden of purchasing air tickets for the member countries. In addition, ATI should consider sponsoring air tickets, if possible, for some participants whenever the venue for the workshop is in Mauritius. ATI can consider offering some workshops in hybrid mode of delivery to allow participants who are not able to afford air ticket to attend as well. ATI could consider providing some financial assistance, where feasible. Provision of gratis resource persons has been and will continue to be helpful. 6
Conclusion Macroeconomic and Financial Management Institute of Eastern and Southern Africa A post-pandemic continuation with the hybrid or blended mode of CD delivery is currently in place. The Institute will continue scaling up its usage of ICT to deliver on its mandate. Collaboration with key technical collaborating partners to pool synergies and avoid duplication of efforts will continue. On a continuous basis, emerging areas of focus will be identified and taken on board. 7
