Africa: IMF and Central Bank of Tanzania Hold Workshop On Improved Financial Systems in Africa

press release

On March 3-4, the International Monetary Fund (IMF) and the Bank of Tanzania (BoT) held a regional workshop - at the BoT Conference Center in Dar es Salaam - on improving the tools of analysis for assessing the health and soundness of financial systems across sub-Saharan Africa.

The workshop was opened by Benno Ndulu, Governor of BoT. IMF Deputy Managing Director Carla Grasso was in attendance at the closing of the workshop. In his opening remarks, Ndulu said that the timing of the workshop was pertinent given that most countries in the region were in the early stages of developing frameworks and tools for analyzing their financial systems due to the 2007-08 global financial crisis. He argued that the workshop presented a unique opportunity for bringing together countries from all over the continent to share their views on critical issues such as common macroeconomic shocks, systemic risks, and policy coordination.

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