In a move to consolidate
the gains and to build on its experience during the first four years
of its operation, the Institute has entered into a new phase of training
activities with the adoption of an integrated approach to capacity building
in accordance with the objective of its medium term Capacity Building
Programme (CBP) spanning the period 2001 - 2004.
The CBP has the following
cardinal objectives:
- To improve the skills
and knowledge required for macroeconomic policy analysis and management;
- To strengthen capacity
to manage public external debt and domestic central bank debt, including
contingent liabilities; and
- To improve the skills
and knowledge required for managing the development, regulation and
supervision of the financial sector, including bank and non-bank financial
institutions, money and capital markets, and to strengthen capacity
for the management of international reserves.
Under the CBP, WAIFEM is
extending its activities beyond short-term courses to institutional
and governance dimensions of human resource development and management
in the target area.
Taking into account the
broader governance context of economic policy-making and management,
WAIFEM has expanded its audience beyond the officials directly involved
in these activities, in order to reach other key actors, such as legislators
and the mass media with a view to improving their capacity to assess
economic and financial policy issues and performance.