MEFMI trains Bank of Zambia officials on the use of DMFAS

At the request of the Bank of Zambia, a MEFMI Mission visited Lusaka from 12 to 16
September 2022 to conduct an in-country training on the use of the Debt Management and
Financial Analysis System (DMFAS) for managing private sector debt and non-guaranteed
state-owned enterprise external debt. The workshop was organised to bridge capacity gaps on
the use of the system at the Bank arising from staff turnover in recent years.
A total of five (5) officials participated in the workshop which was held at the Bank of
Zambia. Of these, three (3) were DMFAS users drawn from the Economics Department,
whilst two (2) were IT officials, i.e. debt database administrators (DBAs).
The main outcome of the workshop was that it enhanced the capacity of Bank of Zambia staff
to record, report and monitor private sector and non-guarantee external debt in DMFAS as
well as the capacity of DBAs to fully support the system. Based on the post workshop
evaluation survey, participants indicated that they learnt a great a lot from the workshop and
that they would use the knowledge gained from the workshop in undertaking their respective
tasks.
The training on DMFAS for users was facilitated by Mr. Tongai Tarubona, a MEFMI Trained
Trainer of the Reserve Bank of Zimbabwe; Ms. Susan Nattembo, a MEFMI Graduate Fellow
of the Bank of Uganda and Ms. Josephine Tito of the MEFMI Secretariat. Mr. Tawanda
Madzima, formerly of the Ministry of Finance in Zimbabwe, provided training and support
on the IT administration of DMFAS.