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2013

The COMESA Joint Committee of Ministers of Finance and Central Bank Governors is converted into the Convergence Council

The Second Meeting of Ministers of Finance and Central Bank Governors  was held from 29-30 in Lilongwe Malawi. This was preceded by the  19th Meeting of the COMESA Committee of Governors of Central Banks which was held from 27-28 November 2013 also in Lilongwe, Malawi. The Joint Meeting decided  the conversion of the Joint Committee into the Convergence Council.

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CMI (CMI) Organized a Training on Advanced Panel Data Econometric Modeling

The 18th Meeting of the COMESA Committee of Governors of Central Banks, which was held in Kigali, Rwanda in December 2012, instructed the COMESA Monetary Institute to organize a training course on “Advanced Panel Econometrics” in 2013. In line with that decision CMI organized the training from 16-27 June 2013 in Cairo, Egypt.

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ROADMAP FOR FINANCIAL AND MONETARY INTEGRATION IN COMESA

<p>COMESA has a programme of  financial and monetary integration which will culminate in Monetary Union. The  mandate to set up a Monetary Union in COMESA is derived from Article 4 (4) of  the COMESA Treaty signed in Kampala, Uganda on 5th November, 1993,  which states that the COMESA Member States shall &ldquo;in the field of monetary affairs and finance, co-operate …

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