ABIDJAN – International Monetary Fund (IMF) Chairman, Regional Technical Assistance Centre for West Africa (West AFRITAC), Thomas Azandossessi has said that the centre has achieved remarkable feats in supporting sub-regional reforms.
Azandossessi said this in a statement issued at the end of a mid-year work review meeting in Cotounu on Monday.
He said representatives of member countries, regional institutions and donor agencies such as African Development Bank, European Investment Bank, German Cooperation Agency and the European Union attended the meeting.
Azandossessi said the steering committee was satisfied with the results achieved by the centre in several member countries during the first half of the 2014 fiscal year.
“Very notable is the establishment of a final system for automated risk analysis management and selectivity of customs control in Côte d’Ivoire.
“Another achievement is the increased number of taxpayers from medium-size enterprises in Benin, Burkina Faso, and Niger as well as the updated national accounts in many countries of the region,’’ he said.
The AFRITAC official said that commendable results had also been achieved in regional projects aiming at better compliance with banking supervision and development of public security markets.
He welcomed the disbursement of financial contributions from partners for the funding of additional activities to boost efficiency and support reforms in the region through April 2017.
The News Agency of Nigeria (NAN) reports that West AFRITAC is a member of the AFRITAC Initiative, bringing together five regional technical assistance centres in sub-Saharan Africa.
West AFRITAC activities are essentially in the form of technical assistance missions, national workshops and regional seminars for the benefit of the member countries.
The centr launched in 2003, operates in IMF competence areas such as customs and tax administrations, expenditure management, macro-economic and financial statistics, public debt management, banking supervision and control.(NAN
IMF’s West AFRITAC chief lists centre’s achievements
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