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Newsletter: July 2024
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Highlights
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AFRITAC West 2’s 10th Anniversary celebrations peaked at the 11th Steering Committee Meeting in Praia, Cabo Verde. The proceedings, chaired by Governor of the Banco de Cabo Verde, Dr. Oscar Santos, were attended by country authorities, IMF officials and development partner representatives from China, the UK, and SECO. During a day of interactive discussions, AFW2 commemorated a decade of CD, honored the winners of the AFW2 Young Economists Research Contest and looked toward its sustainability for the next 10 years and beyond. Read more.
FY 2025 Q1 (May – July 2024), marks the end of the second financing phase (Phase II). By the end of August 2024, 29 activities (25 technical assistance missions, and 4 regional workshops) had been executed by AFW2 experts in collaboration with member countries, IMF CD departments and regional partners. Fueled by the impressive performance of the FY 2024, with 96 percent budget execution, the team aims to keep up the momentum of providing client-driven capacity development to the region going into Phase III (2024 – 2029), facilitated by member country contributions, and the ongoing support of various partners. Read more.
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CD Highlights by Work Area (May-July 2024)
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Regional Workshops and Professional Attachments
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The second African Regional Technical Assistance Centre in West Africa (AFRITAC West 2), is a collaborative effort between the International Monetary Fund (IMF), recipient countries and several bilateral and multilateral partners. It originated from the IMF’s response to African leaders’ call on the international community to increase technical assistance (TA) to Africa and focus it more sharply on capacity building in core macroeconomic and financial management areas. AFRITAC West 2 provides TA and training to Cabo Verde, The Gambia, Ghana, Liberia, Nigeria and Sierra Leone.
DEVELOPMENT PARTNERS
MEMBER COUNTRIES
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