• EXPRESSION OF INTEREST – EXPERT IN DESIGNING BANKABLE FUNDING PROPOSALS

    As part of its drive to mobilise additional resources, MEFMI is inviting reputable and seasoned consultant(s) with hands-on experience in designing funding proposals for capacity building / training institutions.  The major mandate for the individual / institution is to develop bankable proposals that will enhance MEFMI’s resource envelop, in support of the Institute’s mandate to strengthen the capacity of MEFMI member countries. The proposals should target donor agencies and international foundations that support capacity building.  Please click here for details.

     
  • Central Bank of Lesotho launch Maseru Securities Market Platform

    Dr Caleb Fundanga will today deliver a speech to mark the inauguration of  Maseru  Securities Market (MSM). The event will be attended by financial markets industry players in Lesotho and Senior Government Officials.

    The MSM is a Central Bank of Lesotho project under the wider capital markets development initiative. It is a component in the Financial Sector Development Strategy whose purpose is to enhance capital markets depth and breadth by attracting new participants and by creating a conducive environment for floating and trading financial securities.

    While the journey to the development of the MSM has been full of challenges, the Central bank of Lesotho is greateful to the critical role played by MEFMI as a key strategic partner, through a number of Missions towards this goal.

     
  • Government of Uganda Geared to Update its MTDS

    As in most former HIPCs, Uganda’s public debt has been increasing both in nominal terms and as a percentage of GDP from about US$3 billion (or about 20% of GDP) end of FY2008/09 to US$7.4 billion (or about 31% of GDP) at the end of FY 2014/15. Both external and domestic borrowing to finance infrastructure projects contributed to this increase. Nevertheless, public debt has remained within the cost-risks thresholds set in the 2013 Public Debt Management Framework, largely due to the concessional nature of external debt.

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  • Tanzania Receives MEFMI Technical Assistance in Designing a Medium Term Debt Management Strategy

    Tanzania is one of the few countries in the MEFMI region with legislation that requires the Ministry of Finance to prepare a medium term debt management strategy annually. A debt strategy is a key element of sound practice in public debt management because it helps governments to execute debt management operations in a professional manner and thus facilitate attainment of debt management objectives of mobilizing financing at minimal cost and acceptable degree of risk. Lack of a comprehensive debt management strategy can lead to expensive mistakes, including failure to raise the desired amount of resources to fund government operations as well as higher funding costs.

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  • Lesotho Receives MEFMI Training in Auditing of Public Debt

    The Government of Lesotho has embarked on a Reform Programme to address challenges identified in different components of the Public Financial Management System.  The reform is being partly financed by a grant from the African Development Bank (AfDB). External audit is one of the areas the reform is focusing on, to address institutional and technical capacity constraints facing the Office of the Auditor-General in performing its mandate.

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 e-Learning
debt management
financial manangement
marcoeconomic management
multi discplinary
 

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