WAIFEMWest African Institute for Financial and Economic Management
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The private Vanguard newspaper Monday reported that officials from relevant ministries, agencies and departments from the sub-region have also benefited from WAIFEM training.
For instance, WAIFEM has trained over 14,000 senior policy makers from Central Banks in the sub-region, ministries of Finance, Planning, Budget office and relevant public institutions involved in economic management," the WAIFEM boss was quoted as saying.
Director general of WAIFEM, Professor Akpan Ekpo, was speaking at the opening ceremony of a regional course on econometric modelling and forecasting for policy analysis, organised by WAIFEM to enable policy makers in the country acquaint themselves with new forecasting techniques needed to develop the financial sector and the economy at large.
According to WAIFEM, Nigeria could benefit from assets that it could control if it allowed Islamic banking operations.
He reportedly stated that WAIFEM had carried out 431 courses; benefiting some 12,112 participants since the institute began operation in July 1996.
He said WAIFEM is also mandated to carry out research and consultancy in macroeconomic policy management as well as in the promotion of best practices.
It will also take up longitudinal analysis of bond market development in WAIFEM member countries -- Ghana, Guniea, Liberia, Nigeria, Sierra Leone and The Gambia.