Dakar, Senegal, 16th July 2013 (IDEP) – The African Institute for Economic Development and Planning (IDEP) is holding the third session of the series of tailor-made courses aimed at officials of the Ministry of Economy and Finance and the Ministry of Development, Economic Analysis and Prospective (MDAEP) of the Republic of Benin. The current session focuses on Public Debt Management (Ministry of Economy and Finance) and has been specially designed for the staff of the Autonomous Sinking Fund (CAA) in charge of debt management. The two-week tailor-made course that opened on Monday morning at IDEP headquarters in Dakar (Senegal) is to end on 26th of July 2013.
The speakers at the opening ceremony stressed that Benin has reached the completion point of the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC) but still faces several challenges with regard to the management of its debt. Through the current course, IDEP aims at equipping the officials admitted to this session with the theoretical and practical tools they need to effectively and efficiently maintain their country’s external debt at a sustainable level, and with no external assistance.
The course modules cover, inter alia, the needs for external funds in Africa, the external debt service capacity and strategy as well as the international standards for the external debt management, all subjects of interest for the group of trainees participating in the course.
The course sponsored by the Arab Bank for Economic Development in Africa (BADEA) will be delivered by experts with first-hand knowledge of the field.
Note to Editors
The first and second sessions of this series of tailor-made courses took respectively place from 3rd to 4th December 2013 and 3rd to 14th June 2013 at IDEP Headquarters, and benefited a total of 20 officials from the Autonomous Sinking Fund (CAA) of Benin. These sessions focused on the monitoring and evaluation of projects and programmes.
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