African Partners Directory

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Thematics

The Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI)

est. 1997

OVERVIEW

The Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) is a regionally owned institute currently with 13 member countries. MEFMI was established to build sustainable capacity in identified key areas in ministries of finance, planning commissions and central banks, or equivalent institutions.

OBJECTIVE

The main objective of MEFMI is to build sustainable human and institutional capacity and foster best practices for prudent macroeconomic and financial management in central banks, ministries of finance and planning as well as other relevant institutions; and bring emerging risks and opportunities to the fore among executive level officials.

MEFMI seeks to achieve, within its member states, prudent macroeconomic management, competent and efficient management of public finances, sound, efficient and stable financial sectors and stable economies with strong and sustained growth. Its long-term objective is to contribute to the poverty reduction process among people in MEFMI’s operational zone of Eastern and Southern Africa.

MEFMI’s main activities are:

  • Macro-economic management dealing with analysis of the economy, planning and forecasting
  • Financial Sector Management covering financial market development, foreign exchange reserves management, regulation and supervision of financial institutions, payment systems and monetary policy implementation
  • Sovereign Debt Management encompassing debt database development and management, institutional and legal aspects, analysis, policy and strategies
  • Fellows Development Programmeme training promising young professionals with a view to turning them into specialists / experts available to their countries and to the region