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regional intergration

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In an effort to expand training outreach to Member States, and to minimize training costs, MEFMI embarked on an Electronic Learning (e-learning) Programme in 2015. During this period until June 2016, the Institute collaborated with the United Nations Institute for Training and Research and delivered six (6) e-learning courses.  Evaluations from these courses indicates that this mode of delivery improved access for participants who are not, otherwise, able to attend a traditional, campus-based or face-to-face workshop. E-leaning has also provided participants with greater flexibility as they can decide when and where to access the content throughout the duration of the course.

MEFMI is inviting proposals from qualified Consultants/Firms to develop a comprehensive programme database and Integrated Management Information System (IMIS) to support effective processing, storage and sharing of information in 2017 and beyond. The consultant will also be required to build capacity within MEFMI to use and maintain the developed database and system. The assignment is thus divided into 2 broad phases covering Phase I: Database development and deployment, and Phase II: Integrated System development and deployment.

 Qualified firms and consultants should submit their technical and financial proposals separately, including a cover letter with subject line: MEFMI Programme Database and Integrated Management Information System Development Consultancy, and CVs.

The proposals should arrive by 18th November, 2016 at 16.00 hours. For any enquiries regarding this RFP, send an email to This email address is being protected from spambots. You need JavaScript enabled to view it..

 Click here for the revised RFP document

MEFMI conducted an in country workshop on Contemporary Issues in Taxation from 10 to 21 October 2016 for the Ministry of Finance and Economic Development of Zimbabwe.  The event was held in Mutare, Zimbabwe and brought together 15 participants from seven (7) departments of the Ministry, namely; Fiscal Policy and Advisory Services, Accountant General, Debt Management Office, Revenue and Tax Policy, Financial and Capital Markets, Public Sector Investment Programme and International Cooperation. Female and male representation stood at 4 (27%) and 11 (73%), respectively.

As in most former Heavily Indebted Poor Countries, Rwanda’s public debt has increased significantly in recent years, both in nominal terms and as a percent of Gross Domestic Product. Public debt increased from US$1.2 billion (or 21 percent of GDP) in 2010 to US$2.8 billion (or 36 percent of GDP) at the end of June 2016. Both external and domestic borrowing to finance infrastructure projects contributed to this increase.

The landscape for development financing has changed significantly over the last decade, with foreign grants and concessional loans to developing countries declining in the aftermath of the global financial and economic crisis. The domestic debt markets remain underdeveloped with limited instruments that are skewed towards the shorter end of the market. Yet, developing countries, including those in the MEFMI region, have large funding requirements to meet the infrastructure needs in order to achieve their development goals.

mefmidcBy : Tawanda Musarurwa – BH24
HARARE – Private sector players in the SADC region should foster greater ties with their respective governments to ensure the effective implementation of the industrialisation and regional integration agenda.Presenting a paper during the MEFMI annual research and policy seminar, principal economist in the Ministry of Finance and Economic Development Ms Cresncia Gapare said regional integration will be difficult to achieve without private sector participation.

BY MUNESU NYAKUDYA News Day

African countries require a comprehensive approach, which involves setting feasible, sustainable policies and regulatory frameworks, to achieve sustainable financing, Reserve Bank of Zimbabwe deputy governor, Charity Dhliwayo has said.

MEFMI, in collaboration with the Institute for Capacity Development (ICD) of the IMF, held a regional workshop on Inclusive Growth from 19-30 September 2016. The event was hosted by the Africa Training Institute in Mauritius, and brought together 21 officials from Central Banks and Ministries of Finance/Planning from Angola, Kenya, Tanzania, Mauritius, Zambia and Zimbabwe.

The objectives of the workshop were to: understand and interpret measures of poverty and inequality; analyze the role of macroeconomic policies in promoting growth, poverty reduction and equality; identify obstacles to inclusive growth and prioritize reforms and design an inclusive growth strategy.

Until the last decade, foreign grants and highly concessional loans were the main sources of financing development in most developing countries. However, these flows have been declining in the last decade, particularly after the global economic and financial crisis of 2008-2009. This is happening at a time when the scope for expanding domestic revenues is still limited in most developing countries. Consequently, governments are increasingly taking recourse to other sources of financing such as semi-concessional and commercial borrowing, including issuing international sovereign bonds.

 

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