adminsigned on Thursday in Port — Louis between the IMF director general Christine Lagarde and the Mauritius Finance Minister Xavier-Luc Duval.
The training centre, which will be the first of its kind in Africa, will facilitate the training of government officials in the formulation and implementation of macro-economic policies as well as in the domains of statistics and legal infrastructure.
The IMF director revealed that 8 000 officers from various governments have been undergoing this kind of technical training conducted by IMF in various regional centres, and that about a quarter of them come from the sub-Saharan Africa region.
Currently, these kinds of regional centre are operational in Austria, Kuwait and Singapore.
The choice of Mauritius to host the African training centre was justified because Mauritius has committed herself to finance the centre through various contributions.
A Trust Fund will be created in this regard. Lagarde affirmed that in order to guarantee sustainable growth, it was necessary to reinforce infrastructures, which include education and training to support poorest countries.
She observed that the Mauritius economy had recovered in a remarkable manner in spite of the global economic situation.
The IMF director affirmed that the forecasts of the world’s economy for the year 2013 were better when compared to the year 2012. — Xinhua.
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