PANAPRESS
Panafrican News Agency
US: IMF's Africa Training Institute to increase training programmes in 2016
New York, US (PANA)- The International Monetary Fund (IMF) Africa Training Institute (ATI)
on Thursday said it will increase its training activities in 2016 following fresh funding
pledges by some countries.
An IMF statement obtained by PANA in New York said the development followed the annual
meeting of the ATI Steering Committee in N’Djamena, Chad, on 25 March to discuss scaling-up of its operations.
In light of the sizeable demand for training in sub-Saharan Africa, the committee called for additional funding (about US$5 million), including from recipient countries, in support of ATI training for 2016-18.
The statement quoted the Secretary-General of the Ministry of Finance and
Budget of Chad and Chairman of the ATI Steering Committee meeting, as stressing the
importance of capacity development in the critical areas of macroeconomic management,
finance, inclusive growth, revenue mobilization, and statistics due to challenges facing
many countries in sub-Saharan Africa.
According to the official, significant benefits from a close collaboration between the ATI and the African Regional Technical Assistance Centers (AFRITACs) was intensifying capacity development in these areas.
Also, in a joint statement, the secretary-general and Mr. Vitaliy Kramarenko, ATI Director, said:
"Members of the Steering Committee noted significant progress in implementing the training
programme for 2015."
They appreciated the relevance and quality of courses delivered at the ATI training facilities
in Mauritius, the increased collaboration between the ATI and the AFRITACs, and productive
high-level events organized for senior officials by the ATI.
"Members of the Steering Committee welcomed progress in fund raising, and they
commended new pledges of financial support by Angola, Korea, Seychelles, and
Togo.
"Thanks to these pledges, the ATI training activities will be scaled up beginning
from 2016, and the Steering Committee also expressed its appreciation to Mauritius,
Australia, and China for their funding to the ATI," they said.
The IMF opened the ATI in June 2013, and it is designed to help African governments
develop the economic policy-making capacity necessary to sustain the continent’s
economic gains and cope with emerging challenges.
-0- PANA AA/AR 26March2015
on Thursday said it will increase its training activities in 2016 following fresh funding
pledges by some countries.
An IMF statement obtained by PANA in New York said the development followed the annual
meeting of the ATI Steering Committee in N’Djamena, Chad, on 25 March to discuss scaling-up of its operations.
In light of the sizeable demand for training in sub-Saharan Africa, the committee called for additional funding (about US$5 million), including from recipient countries, in support of ATI training for 2016-18.
The statement quoted the Secretary-General of the Ministry of Finance and
Budget of Chad and Chairman of the ATI Steering Committee meeting, as stressing the
importance of capacity development in the critical areas of macroeconomic management,
finance, inclusive growth, revenue mobilization, and statistics due to challenges facing
many countries in sub-Saharan Africa.
According to the official, significant benefits from a close collaboration between the ATI and the African Regional Technical Assistance Centers (AFRITACs) was intensifying capacity development in these areas.
Also, in a joint statement, the secretary-general and Mr. Vitaliy Kramarenko, ATI Director, said:
"Members of the Steering Committee noted significant progress in implementing the training
programme for 2015."
They appreciated the relevance and quality of courses delivered at the ATI training facilities
in Mauritius, the increased collaboration between the ATI and the AFRITACs, and productive
high-level events organized for senior officials by the ATI.
"Members of the Steering Committee welcomed progress in fund raising, and they
commended new pledges of financial support by Angola, Korea, Seychelles, and
Togo.
"Thanks to these pledges, the ATI training activities will be scaled up beginning
from 2016, and the Steering Committee also expressed its appreciation to Mauritius,
Australia, and China for their funding to the ATI," they said.
The IMF opened the ATI in June 2013, and it is designed to help African governments
develop the economic policy-making capacity necessary to sustain the continent’s
economic gains and cope with emerging challenges.
-0- PANA AA/AR 26March2015
