Objectives

Financial stability in the region can only be achieved when economies have well-functioning financial markets, sound domestic financial systems and efficient and effective financial sector management systems. The Financial Sector Management programme assists countries in Eastern and Southern Africa to implement financial sector reforms so as to achieve and maintain monetary and financial sector stability. Thus the Programme’s objectives are to;

•Enhance knowledge and practical implementation skills of public officials in key aspects of financial sector development and management such as foreign exchange reserves management, bank supervision, payment systems and financial markets development.

•Facilitate critical country/institution assessments and provide technical assistance in the implementation processes of best practice and core principles;

•Assist in keeping abreast with developments in global financial markets and enhance analytical understanding of markets mechanisms;

•Improve legal and institutional arrangements, management systems, co-ordination mechanisms and essential information flows for financial sector development;

•Develop a sufficient cadre of regional expertise in key functional areas of financial sector management in the MEFMI Fellows Development Programme; and

•Disseminate internationally accepted best practice standards and core principles in all fields of financial sector management.