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Chapter 5. Implications of Monetary Union for National Fiscal Institutions in East Africa

Chapter 5. Implications of Monetary Union for National Fiscal Institutions in East Africa »

Source: The Quest for Regional Integration in the East African Community

Series: Books

Author(s): Paulo Drummond , S. Wajid , and Oral Williams

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2015

ISBN: 9781484364413

Keywords: exchange, exchange rate, monetary policy, growth, markets

As discussed in the previous chapter, regional monetary integration requires enhanced fiscal coordination among member countries of the East African Community (EAC). Enhanced fiscal cooperation is needed in...

Chapter 1. Overview

Chapter 1. Overview »

Source: The Quest for Regional Integration in the East African Community

Series: Books

Author(s): Paulo Drummond , S. Wajid , and Oral Williams

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2015

ISBN: 9781484364413

Keywords: exchange, exchange rate, monetary policy, growth, markets

Under the Treaty for the Establishment of the East African Community (EAC), the signatory nations—Burundi, Kenya, Rwanda, Tanzania, and Uganda—have committed to regional integration across economic, social,...

Chapter 2. Sustaining Growth in the East African Community

Chapter 2. Sustaining Growth in the East African Community »

Source: The Quest for Regional Integration in the East African Community

Series: Books

Author(s): Paulo Drummond , S. Wajid , and Oral Williams

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2015

ISBN: 9781484364413

Keywords: exchange, exchange rate, monetary policy, growth, markets

The Growth Record In the midst of sub-Saharan Africa’s best decade of economic growth since at least the 1970s, the East African Community (EAC) is among the fastest-growing regions....

Chapter 4. The Fiscal Policy Challenges of Monetary Union in East Africa

Chapter 4. The Fiscal Policy Challenges of Monetary Union in East Africa »

Source: The Quest for Regional Integration in the East African Community

Series: Books

Author(s): Paulo Drummond , S. Wajid , and Oral Williams

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2015

ISBN: 9781484364413

Keywords: exchange, exchange rate, monetary policy, growth, markets

The establishment of a single East African currency is taking on an increased sense of urgency. 1 The East African Community (EAC) has established a high-level task force, and wor...

Chapter 12. Themes and Lessons from the Financial Sector Assessment Programs

Chapter 12. Themes and Lessons from the Financial Sector Assessment Programs »

Source: The Quest for Regional Integration in the East African Community

Series: Books

Author(s): Paulo Drummond , S. Wajid , and Oral Williams

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2015

ISBN: 9781484364413

Keywords: exchange, exchange rate, monetary policy, growth, markets

The recently completed IMF-World Bank Financial Sector Assessment Programs (FSAPs) for the partner countries of the East African Community (EAC) highlight the growing financial integration in the region....

Choosing a Budget Management System

Choosing a Budget Management System »

Source: Choosing a Budget Management System : The Case of Rwanda

Volume/Issue: 2004/132

Series: IMF Working Papers

Author(s): Ian Lienert

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2004

ISBN: 9781451855418

Keywords: budget system, public management, Constitution, budget law, budget management, annual budget, budget process, budget execution, Structure, Scope

Rwanda is making important choices concerning budget processes. A program-oriented budget framework is now used. A new Constitution, adopted in May 2003, has made some important choices concerning the public manage...

16 Do Money Targets Matter for Monetary Policy in Kenya?

16 Do Money Targets Matter for Monetary Policy in Kenya? »

Source: Monetary Policy in Sub-Saharan Africa

Series: Books

Author(s): Andrew Berg , and Rafael Portillo

Publisher: Oxford University Press

Publication Date: 27 April 2018

ISBN: 9780198785811

Keywords: Monetary policy, Sub-Saharan Africa

1 Introduction In the preceding chapter, we presented a semi-structural New Keynesian open economy model for low-income countries, and applied it to Kenya. We found that the model co...

The Quest for Regional Integration in the East African Community

The Quest for Regional Integration in the East African Community »

Series: Books

Author(s): Paulo Drummond , S. Wajid , and Oral Williams

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2015

DOI: http://dx.doi.org/10.5089/9781484364413.071

ISBN: 9781484364413

Keywords: exchange, exchange rate, monetary policy, growth, markets

The countries in the East African Community (EAC) are among the fastest growing economies in sub-Saharan Africa. The EAC countries are making significant progress toward financial integration, including harmonizati...

East AFRITAC opening: New center aims to strengthen East Africa’s capacity to manage economic policies

East AFRITAC opening: New center aims to strengthen East Africa’s capacity to manage economic policies »

Source: IMF Survey, Volume 31, Issue 21

Volume/Issue: 31/21

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2002

ISBN: 9781451926149

Keywords: technical assistance, capacity-building, member countries, public expenditure, monetary policy, East afritac opening,

Tanzanian President Benjamin William Mkapa’s remarks on the inauguration of East AFRITAC could not have been clearer or more emphatic. If Africa is to define its own economic destiny, it must strengthen its...

4 Economic Fluctuations in Sub-Saharan Africa

4 Economic Fluctuations in Sub-Saharan Africa »

Source: Monetary Policy in Sub-Saharan Africa

Series: Books

Author(s): Andrew Berg , and Rafael Portillo

Publisher: Oxford University Press

Publication Date: 27 April 2018

ISBN: 9780198785811

Keywords: Monetary policy, Sub-Saharan Africa

1 Introduction In this chapter we provide (i) an overview of some of the structural features of the economies of sub-Saharan Africa (SSA) and (ii) a systematic characterization of ec...