Monday, November 28, 2022

BoB, IMF host high level conference on governance

The Bank of Botswana (Bank) will host a high-level conference on the Promotion of Good Governance and Fight Against Corruption, from June 13 – 14, 2022 at the Gaborone International Convention Centre (GICC) in Gaborone, Botswana. The Conference is organised by the African Union Commission (AUC) and the International Monetary Fund (IMF) – Africa Training Institute (ATI) in collaboration with IMF five regional technical assistance centres in Sub-Saharan Africa (African Regional Technical Assistance Centre (AFRITAC) – AFRITAC Central, East AFRITAC, AFRITAC West, AFRITAC West II, and AFRITAC South).

The high-level conference on governance and corruption responds to calls from within Africa to advance governance reforms and ramp up the fight against corruption, to make African economies more resilient to shocks. Within the scope of their respective mandates, the AUC and the IMF have also given governance and anti-corruption efforts a higher priority in their work. The objectives of the conference include among others, (i) discussing reforms of governance and anti-corruption frameworks on the continent, including those initiated during the COVID-19 pandemic, (ii) discussing the AUC strategy and the IMF framework on governance and corruption; (iii) building consensus on the macro-critical impact of poor governance and corruption and their transmission channels, and (iv) disseminating key IMF and AUC findings on governance and corruption issues, including the 2019 Fiscal Monitor (Curbing Corruption) and the Multi-Donor Action to curb IFFs from Africa.

The conference will be attended by, senior Government officials such as Ministers of Economy, Heads of Revenue Mobilisation Agencies, Central Bank Governors, and Deputy Governors representing the 55 AU Member States, as well as representatives of regional economic communities, Chief Executive Officers of the African Stock Exchanges, and Leaders of Regional Civil Society Organisations interested in governance and corruption issues. The Minister of Finance, Hon Peggy Serame, will deliver a welcome address during the opening ceremony session that starts at 0830 on June 13, 2022.

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