The IMF’s Africa Training Institute (ATI) started operations in June 2013 in Mauritius thanks to the generous financial contribution and logistical support of the Mauritius government, and in December 2013 moved to a new location with modern training facilities. The governments of Australia, China, Korea, Seychelles, and Togo have also made financial contributions to ATI.
Over the last decade, sub-Saharan Africa has experienced robust growth and achieved progress in poverty reduction thanks to improved macroeconomic management in many countries of the region. A further strengthening of governments’ capacity to implement macroeconomic policies is essential for maintaining the strong economic performance of the continent. ATI’s key objective is to contribute to improved macroeconomic and financial policies through high-quality training, which would support sustainable economic growth and poverty reduction in sub-Saharan Africa. We hope that in the period ahead, ATI will become a leading training institution in the region in the areas of macro-economic policymaking, public finance, exchange rate and monetary policies, economic integration, and financial sector issues. We are also working to ensure that our training is closely integrated with the activities of the IMF’s five Regional Technical Assistance Centers in Africa (AFRITACs).
At the current level of funding (about $21.5 million for mid-2013 to mid-2018), ATI can deliver 18 weeks of regional training per year and support AFRITACs through customized training. The work program for the IMF’s fiscal year 2016 (May 1, 2015 – April 30, 2016) envisages 12 regional courses about three major clusters consistent with the region’s capacity building priorities, which are also reflected in the work programs of AFRITACs. These include (i) transition to a more forward-looking monetary policy regime; (ii) financial sector stability and inclusion; and (iii) specialized macroeconomic management courses. Out of 12 courses planned for FY16, eight courses will be delivered in English and four courses will be delivered in English with translation into French. In addition to its regional courses, ATI will provide customized training inputs in support of specific technical assistance projects implemented by AFRITACs, including in the areas of monetary policy, macroeconomic modeling and forecasting, financial sector supervision, revenue administration, managing natural resource wealth, and macro-fiscal analysis. ATI also collaborates with other training providers to leverage its presence in the region.
To meet the ever-increasing demand for IMF training from sub-Saharan Africa, while bringing the region’s training at par with other regions, ATI will need to deliver more courses than the current financial contributions allow. The IMF and the authorities of Mauritius continue their efforts to mobilize funds from additional development partners. Our objective is to increase training to 30-32 weeks per year.
L. Effie Psalida