Governors of central banks from the Macroeconomic and
Financial Management Institute of Eastern and Southern Africa (MEFMI) region
will meet for the annual Forum that will be held at the Bank of Tanzania in Dar
es Salaam on Monday 20 June 2016.
The
event will be attended by up to 40 officials comprising 14 central bank
Governors and Deputy Governors from the MEFMI region, technical experts from Investec
Asset Management and the Bank for International Settlements (BIS) in Basel,
Switzerland. Investec is the financial partner for the event. The Forum will be held back to back with the
Bank of Tanzania Golden Jubilee celebrations on 22 June 2016.
The Governors’
Forum is one of the Executive
Fora series on MEFMI’s annual calendar of events meant to assist in developing
and sustaining a crop of more informed policy makers in the region. Each event
is uniquely crafted in an effort to address critical issues that impact and
affect the role of the central banks in the macroeconomic and financial
management of our region. The Forums are also used to come up with a common
understanding of both prevailing and emerging economic issues.
The theme for
the Forum is “Implications
of the IMF Adoption of Chinese Yuan as Part of the Special Drawing Rights
Basket of Currencies”. The theme is highly relevant to the
MEFMI region, particularly the central banking community as they
are the custodians of foreign exchange reserves and facilitators of
international trade settlements.
It is MEFMI’s hope that both the presentations
and the discussions will provide the unique opportunity for sharing views on
the inclusion of the Chinese Yuan into the basket of reserve currencies of the
IMF / World Bank.
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