PR AUC- IMF- WB hold Coordination Meeting to discuss key policy issues in alignment with Agenda 2063 (f

According to the organisers, the objective of the meeting was to ensure that the African multilateral financial institutions play their rightful role in financing Africa's inclusive growth and sustainable development, among others. [...] The meeting underscored the critical importance of the creation of the African Credit Rating Agency (ACRA) and the Continental Credit Rating Agency (CCRA) with the view to build financial sovereignty and empower African countries. [...] With regard to the Central Bank Governors meeting on the Consideration of the Revised Draft Statute of the African Monetary held on 25 October 2024 at the AU Permanent Representation to the USA in Washington DC, Amb. [...] Mafudze acknowledged the important role of the African Central Bank Governors’, whose “expertise and leadership are essential in ensuring that, the statute reflects local realities while advancing collective ambitions for sustainable development and prosperity.” Concluded the AU Permanent Representative to the USA. [...] Is worth noting that, the meetings at the AU Mission to the USA, took place at the sidelines of the World Bank and the International Monetary Fund Annual meetings.