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MEFMI Member States Urged to Design Forward-Looking Borrowing Policies and Strategies
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Achieving long term debt sustainability remains a major challenge for most countries in the MEFMI region.  This was said by Lesotho’s Permanent Secretary for Finance, Mr. Mosito Khethisa, when he officially opened the MEFMI regional workshop on Methodologies for Public Debt Sustainability Analysis (DSA). The workshop which was conducted in collaboration with the World Bank from 17 to 26 July 2013 was held in Maseru, Lesotho.

Countries Urged to make Strides to Improve their Oversight Frameworks
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Central banks, market regulators and other relevant authorities have been entrusted with the task of ensuring the smooth and safe functioning of financial systems. Payment Systems (PS) play a critical role in the financial system and the broader economy. When safe and efficient, they contribute to maintaining and promoting financial stability and economic growth. However,, if not properly managed, they can be a source of financial shocks which can be transmitted across domestic and international financial markets. Continuous monitoring and assessment of these systems is therefore crucial. With developments in the market and emerging innovations, central banks and other relevant authorities face the daunting task of reviewing existing oversight frameworks and might need to seek cooperation with other authorities both locally and internationally.

AfDB Selects MEFMI as Technical Advisor to the Government of Sudan
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Early this year, MEFMI signed an agreement with the Government of Sudan to assist the later prepare a debt relief and arrears clearance strategy and build debt management capacity among its staff. The Debt Relief and Arrears Clearance Strategy was successfully completed in May 2013. The technical assistance provided by MEFMI to the Government of Sudan under the Agreement is sponsored by the African Development Bank (AfDB).

Uphold High Levels of Integrity & Dedication - Candidate Fellows Urged
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The MEFMI Multi-Disciplinary Activities (MDA) conducted an orientation for newly recruited Candidate Fellows. The orientation was held back to back with a Research Methodology and Report Writing Skills workshop in Victoria Falls in Zimbabwe during the period 1 to 10 July 2013. This is the 8th intake of the MEFMI Fellows.

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The Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) will be holding its annual Combined Forum at the Washington Plaza Hotel in Washington DC, United States of America on Monday 7 October 2013.  The event will be officially opened by Honourable Maria Kiwanuka, who is the Minister of Finance, Planning and Economic Development in Uganda.

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