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Consolidated Research Paperreviewed 31 Jan 2018



MEFMI invites interested experts to submit proposals for policy-oriented discussion papers on diverse topics around the Institute’s key priority areas of Macroeconomic Management, Financial Sector Management and Sovereign Debt Management for the 2018 Annual Research and Policy Seminar scheduled for November in Harare, Zimbabwe. While experts are free to suggest their topics, the proposed Papers should fall largely within the following main priority themes:

1. Role of Sovereign Wealth Funds in Africa’s Growth;
2. Formalising the Informal Sector: Issues and Solutions in Africa;
3. Trade Policy and Innovations in the Global Value Chain;
4. Gender-Responsive Economic Policy Management; and
5. Managing Public Debt in a Volatile Global Environment.

Applications are invited from suitably qualified nationals of member countries to fill the following position:

For details and how to apply, kindly visit Skills Map Africa on the following link

mefmi worldbankThe Debt Sustainability Framework for Low-Income (LIC DSF) was developed jointly by the World Bank and the IMF in 2005 as a tool for assessing the risks to public debt sustainability, as well as guiding countries’ borrowing and creditors’ lending decisions. Several developments have, however, occurred since the tool was developed, resulting in significant gaps. For example, major shifts in the international development financing landscape have created new opportunities and options for countries to access alternative mechanisms for financing development beyond the traditional sources. These include non-traditional bilateral partners, as well as other less concessional flows.

mefmi BTROThe accumulation of arrears on Zimbabwe’s external debt since the year 2000 has limited the country's access to foreign loans on favourable terms. In addition, budgetary support through grants has also dwindled over the years. Donor support through grants has been channeled outside of the budget system, thus making it difficult for Government to account for or direct the funds to critical activities.

Recognising the importance of external financing in supporting development, the Government of Zimbabwe has stepped up the re-engagement process with an aim to clear external debt arrears.


The Macroeconomic Management Programme (MMP) conducted an In-country capacity building workshop on “Intermediate macroeconomic modelling and forecasting for officials of the Zimbabwe Ministry of Finance and Economic Development (MoFED).  This was a follow up to a workshop on “Introduction to Macroeconomic Modelling and Forecasting” that was held for the Ministry in October 2017.

The Macroeconomic Management Programme conducted a one week In-country training workshop on the Balance of Payments (BOP) and International Investment (IIP) Position for Mozambique. This is in line with MEFMI Phase V (2017-2021) focus of strengthening country specific capacity building; drawing on the benefits of customised interventions witnessed from the previous Phase. The activity was funded by the African Capacity Building Foundation (ACBF).

The MEFMI Executive Director, Dr Caleb Fundanga and MEFMI Programme Manager in the Macroeconomic Management Programme Ms Vivian Namugambe attended the African Economic Research Consortium (AERC) Bi-Annual Research Workshop in early December 2017 at the Mt. Meru Hotel in Arusha, Tanzania.

The event was graced by many renowned researchers including Prof. Benno Ndulu – former Governor, Bank of Tanzania, Dr. Kupukile Mlambo - Deputy Governor, Reserve Bank of Zimbabwe, Prof. Paul Collier - Professor of Economics and Public Policy, University of Oxford, UK, Mr. Mark Napier - Director, Financial Sector Development (FSD) Africa; Prof. Kinandu Muragu - former Executive Director, Kenya School of Monetary Studies (KSMS); and Dr. Rose Ngugi - Executive Director, The Kenya Institute for  Public Policy Research and Analysis (KIPPRA). 

The Institute is inviting suitably qualified firms to submit for consideration, an Expression of Interest to conduct a study on mapping the EAC regional ports with complementary transport infrastructure to facilitate trade.

Please click here for details