RBM officially open the IMF-ATI steering committee meeting

Lilongwe, Reserve Bank of Malawi (RBM) and IMF-Africa Training Institute (ATI) steering committee officials are meeting in Lilongwe to discuss economic issues pertaining to the member countries involved with the ATI.

Speaking at the official opening of the meeting held at Bingu International Convention Centre, Governor of the Reserve Bank of Malawi, Charles Chuka, said the meeting was of great importance to Malawi’s economy as it was going to tackle some of the critical challenges that the country is currently facing.

“Malawi’s involvement with IMF-ATI will help in attracting investors, sustain the low inflation, and take a share of the economic growth of the SADC region.

“The meeting will help Malawi have an environment suitable for economic development and recover from the poor financial status including the Cashgate and drought,” explained Chuka.

Director of ATI of the IMF, Effie Psalida hinted on the importance of ATI to the countries it operates saying it encourages the value of peer learning and idea sharing for the economic development of the member states.

“The ATI provides training to people selected by the host country, to develop their skills into becoming experts. The experts may help in developing policies in the financial sector for governments to make valid policies for the development of the country,” said Psalida.

Source: Malawi News Agency – MANA