Tuesday, September 22, 2020

UNECA to hold high level meeting on finance in Botswana

The United Nations Economic Commission for Africa (UNECA) is scheduled to hold a two-day high level meeting of experts to discuss the “Reform of the International Financial Architecture and the Policy Implications for Africa” from 3-4 June 2010, at Gaborone International Convention Centre (GICC).

According to Marx Garekwe, Public Affairs and Corporate Communications Chief, the meeting is intended as a platform for high level officials from ministries of finance, heads of central banks and experts in development finance from Africa to exchange on various issues of mutual interest.
┬á“It will among other things provide an opportunity for experts to brainstorm and discuss a report titled “Reform of Financial Architecture and the Policy Implications for Africa” and make inputs in strengthening the report,” explained Garekwe.

The report might be helpful in unveiling angles that hinge on proactive policy responses to economic crisis and interconnectedness of the world financial systems, which many believe is currently problematic for most African countries including Botswana.

  It was stated that the main objective, was to determine ways of enhancing African voice, representation and participation in the International Financial Architecture.

UNECA has previously engaged Botswana Institute for Development Policy Analysis (BIDPA) to compile informative reports on the state of governance of Botswana covering a range of areas such institutional capacity to prevent corruption, accountability and transparency.

But according to unidentified officials at BIDPA, it would appear that since there is no standing arrangement between them and UNECA , the country’s only popular research institute ┬áhas not been invited.

Some of the important speakers expected to address the meeting include, Governor of Bank of Botswana, Linah Mohohlo, UN Resident Coordinator, Khin-Sandi Lwin, and Director of Economic Development as well as New Economic Partnership for African Development (NEPAD) division of UNECA, Professor Emmanuel Nnadozie, amongst others.

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