- Search Results
 
 
WAIFEM Recommits To Capacity Building Of West Africans
Date Uploaded: Oct 27, 2016

Montserrado County Flag

 

WAIFEM Recommits To Capacity Building Of West Africans
By Robert Dixon

MONROVIA, October 27 (LINA) - The Director-General of the West African Institute of Financial and Economic Management (WAIFEM), Prof. Akpan H. Ekpo, has reiterated the Institute's commitment to building the capacity of financial and economic managers in the sub-region.

He was speaking at the end of a two-week regional workshop on economic and financial analysis for journalists and financial analysts in Monrovia. 

During the workshop, he admonished the participants to utilize the knowledge and skills acquired to improve and better their respective countries.

The training covered topics such as ‘basic micro-economic model,’ ‘design and tools of monetary policy’, ‘regional economic integration, challenges and prospects,’ among others.

According Ekpo, WAIFEM was established as a collaborative sub-regional capacity building organization in July 1996 by the central banks of the five West African Anglophone countries of Gambia, Ghana, Liberia, Nigeria and Sierra Leone.

He said its mission is to develop, on a sustainable basis, expertise in the fields of micro-economics, debt and financial management among the staff of central banks, ministries of finance and economic planning and other public sector bodies with core economic management responsibilities.

He commended the Liberian Government and the Central Bank of Liberia (CBL) for hosting the workshop.

Also speaking, Richard Dorley, Director for Multilateral Relations at the CBL, who spoke on behalf of Governor Milton A. Weeks, thanked the WAIFEM management for the training.

He stressed the need for the participants to report timely, accessible and quality data for economic and financial analysis and policy implementation in the sector.

Dorley said those principles are needed in several key financial areas, such as the Gross Domestic Product (GDP), inflation and unemployment rates, external and internal factors of the financial sector as well as money laundering.

WAIFEM is coordinated through a Governing Board of the six central banks that constitute the West African Monetary Zone (WAMZ) under the Economic Community of West African States (ECOWAS).
LINA RD/JGT/TSS/PTK

 

latest headlines
Judge Kaba Reserves Ruling In E.J. Roye Building Case
Judge Yussuf D. Kaba of the Civil Law Court has reserved ruling in a motion for Declaratory Judgment filed by some individuals calling themselves ...more
CENTAL Raises Eyebrow About Political Parties Spending
The Center for Transparency and Accountability in Liberia (CENTAL) has expressed concern over the expenditure of political parties on fleets of n ...more
LTA, Partners End Int’l Internet Workshop
The Liberia Telecommunications Authority (LTA) and partners have ended a two-day international workshop on ICANN (the Internet Cooperation for As ...more
Liberia To Host GIABA Plenary, Ministerial Meetings
Liberia will host the Intergovernmental Action Group against Money Laundering in West Africa (GIABA) 27th Technical Commission/Plenary and 17th M ...more
GOL, Sweden Sign US$21.6m Accord On Feeder Roads In 7 Counties
The Governments of Liberia and Sweden have signed a US$21.6 million agreement to support the third phase of the Liberia-Swedish Feeder Roads Proj ...more
Defense Ministry Relaxes Camp Ramrod Eviction
The Ministry of Defense has with immediate effect put on hold its notice of eviction to inhabitants of the 72nd Camp Ramrod Barracks in Paynesvil ...more
 
All rights reserved © 2013 - 2014
Liberia News Agency