Mauritius is hosting an IMF seminar

Mauritius is hosting a seminar on macroeconomic management and financial sector issues from April 11 to 22 at the Grand Baie International Conference Centre.

The event is being organised by the International Monetary Fund (IMF) Institute in collaboration with the Regional Multidisciplinary Centre of Excellence (RMCE).

Some 80 participants, mostly senior treasury and finance officials from sub-Saharan African countries as well as their Mauritian counterparts are taking part in the seminar.

The aim is to help participants deepen their understanding of financial sector issues and implication in macroeconomic management.

The main focus of the seminar is analytic and policy issues in the key macroeconomic sectors, the formulation of macroeconomic policies and the main policy aspects of financial markets and their regulations as well.

The conference also covers topics such as fiscal sustainability, frameworks for monetary policy, choice of the exchange rate regime, international capital flow .

It will also foucs on issues such as the role of the financial sector in the economy and financial sector policies to address the financial crises.

At the opening of the seminar, minister of Foreign Affairs, Regional Integration and International Trade Dr Arvin Boolell stressed that there was a need to improve capacity, surveillance and early warning systems at international, regional and national levels.

“Places such as Africa should adopt new with regards to the current economic situation”, said Dr Boolell.