The Southern African Development Community (SADC) Committee of Ministers of Finance and Investment are today meeting to discuss areas of cooperation and improving regional financial coordination.
The Ministry of Finance said the ministers will be joined by the central bank governors from the region.
The agenda items for the meeting include:
- The strategy for financial inclusion and SMEs access to finance;
- Promoting inter-linkages with Global Agendas of BRICS and G20;
- Deepening regional integration within the finance and investment sector;
- The regional resource mobilisation framework, and
- Exchange controls.
South Africa is the current chair of SADC from August 2017 until August 2018.
The theme for the country’s chairpersonship of SADC is ‘Partnering with the Private Sector in Developing Industry and Regional Value Chains’.
A series of meetings between ministers in various portfolios take place in between Heads of Government Summits.
“The meeting of the Committee of Ministers of Finance and Investment is but one of the meetings that take place when a country has the Chairmanship of SADC,” Treasury said.
The SADC member states are Angola, Botswana, Democratic Republic of Congo, Eswatini, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, South Africa, United Republic of Tanzania, Zambia and Zimbabwe. - SAnews.gov.za