• Mozambique Receive Training on Public Debt Management

    In recent years, the Ministry of Finance and Economy in Mozambique has made significant progress in building debt management capacity. This includes setting up a dedicated Public Debt Management Office organized in line with best practices as well as staff recruitment and training, and debt database validation. As part of the efforts to strengthen debt management capacity, the Ministry requested the MEFMI Secretariat for technical assistance in training officials on various aspects of public debt management. In response, a MEFMI mission visited Maputo, Mozambique, from 1st to 12th August 2016 to conduct back-to-back workshops on Foundations of Debt Management and Debt Management Performance Assessment (DeMPA). This was the first phase of debt management trainings scheduled for August and September 2016. 

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    The International Monetary Fund Afritac South (AFS) organised a four (4) day seminar from 20-23 June 2015 in Ebene, Mauritius.  The objective of the seminar was for AFS countries to share practical experiences on approaches to wage bill management, and to explore potential options for institutional strengthening and improved monitoring and information systems as a means to address this pressing challenge.

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    MEFMI conducted an in-country technical assistance mission for the Central Bank of Lesotho (CBL) from 27 to 29 July 2016. The objective of the mission was to capacitate the Research Department of the CBL on Seasonal Adjustment techniques for time series data for the four (4) macroeconomic accounts (i.e. National Accounts, Statement of Government Operations, Balance of Payments and Monetary Statistics).  A team of 16 officials from CBL attended the activity to receive the Technical Assistance.

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  • Reforms are Often Resisted at the Beginning

    These were the words of Mr. Keith Muhakanizi, the Permanent Secretary in the Ministry of Finance, Planning and Economic Development in Uganda while gracing the joint MEFMI/World Bank regional training on Debt Management Performance Assessment (DeMPA) held from June 27 to July 1, 2016 at Imperial Botanical Beach Hotel, Entebbe, Uganda. The training introduced participants to the concepts of debt management as enunciated in the revised DeMPA tool.

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  • MEFMI Introduces Capacity Building on PPPs

    In realization of the important role the Public-Private Partnerships (PPPs) plays in providing alternative source of financing public investments, MEFMI has included management of PPPs amongst the areas of capacity building. The first activity was a regional workshop on Managing PPPs held from 13 to 17 June 2016 in Swaziland. The main objective of the workshop was to enhance capacity of debt managers and other stakeholders on effective management of PPPs with a view of tapping their benefits while minimizing the inherent risks.

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  • Rwanda Plans to Deepen Debt Management Reforms

    Rwanda’s economy remained strong in 2015, with a GDP growth rate of 6.9 percent, steered by strong construction and services activity, mostly undertaken by the public sector. This is despite a decline in mining exports by almost half that emanated from the drop in global commodity prices, leading to a significant decline in foreign exchange earnings. The decline in export earnings, combined with tighter conditions for private inflows and appreciation of the US$, led to a 7.5 percent depreciation of the Rwandan franc during the year, and a sharp drawdown of official reserves. The current account deficit worsened to 18.1 percent of GDP in 2015, from 16.4 percent a year earlier. Consumer price inflation, however, remained stable, averaging 2.5 percent during the year. Monetary policy remained largely accommodative through end-2015 but was tightened in the first quarter of 2016. Nevertheless, macroeconomic policy performance through December 2015 remained favourable and was supported by structural reforms, notably improved domestic revenue collection, reduced liquidity overhangs, and strengthened financial market supervision.

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    MEFMI is inviting applications from suitably qualified individuals for the position of Programme Manager Fiscal Policy and Financial Programming, reporting to the Director, Macroeconomic Management Prgramme. The incumbent will be responsible for carrying out capacity building activites with a special focus on Financial Programming and Policy, Fiscal Policy Management (Revenue Policy and Administration and Public Expenditure), Government Finace Statistics, National Accounts and Governance among others.

    Applications should be received by  29 July 2016. Applications received after the closing date and time will NOT be considered.

    MEFMI is an equal opportunity employer

    Please click here to view the full details of the advert.

  • MEFMI Regional Workshop on Prudential Micro Stress Testing in Kigali, Rwanda

    MEFMI is conducting a Regional Workshop on Micro Prudential Stress Testing in Kigali, Rwanda from 18 to 22 July 2016. The regional workshop, which is being held at the Galaxy Hotel has attracted 30 participants from nine (9) Central Banks namely Botswana, Lesotho, Malawi, Mozambique, Swaziland, Tanzania, Uganda, Rwanda and Zimbabwe.


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debt management
financial manangement
marcoeconomic management
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