Tanzania hosts regional banks governors' forum

Tanzania will host the annual forum of the Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) region on Monday.

Gladys Siwela, one of the forum organizers, said that 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.

Siwela who is also the MEFMI Publications and Networking Officer said that the Governors' Forum aims 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," Siwela said in a statement availed to Xinhua.

source : xinhua