Angola takes over presidency of IMF regional centers

Luanda – Angola took over the rotating presidency of the Steering Committee of the Regional Centers for Training and Technical Assistance of the International Monetary Fund (IMF) last Wednesday.

For a two-year term, in replacement of Zimbabwe, Angola has the highest technical assistance available at “AFRITAC South” for the restructuring of the State’s public administration, with a focus on the fiscal, monetary and exchange sector.

In this way, Angola will benefit first-hand from technical assistance and training through AFRITAC South (AFS) and the African Training Institute (ATI).

For the Southern region, according to the director of the Office of Exchanges of the Ministry of Finance, Manuel Pedro, now chairperson of the said Steering Committee, Angola will encourage member countries to regional economic integration.

The members of the Steering Committee of the Regional Centers for Training and Technical Assistance of the International Monetary Fund meeting from Friday to Friday in Luanda are discussing to provide the budget for technical assistance for the benefit of member countries.

AFRITAC South is an IMF training institution focused on assisting Southern African countries and aims to assist technically in the economic field, training the public administration of the State.

“We are facing a great opportunity to be able to train technicians and improve processes in Angola,” said Manuel Pedro.

During the two days, participants will discuss and review topics such as training at the African Training Institute (ITA) in light of capacity development priorities in sub-Saharan Africa and the implementation of the 2019 work program, emerging priorities, among which , governance, climate change and gender.

The Steering Committee of the IMF Regional Training and Technical Assistance Centers in Southern Africa has existed since 2011.

Source: Angola Press News Agency