Regional Central Bankers call for capacity building

Central banks from the EAC member states have stressed the need for capacity building in the area of economic forecasting and modelling in a bid to prepare for the region’s planned monetary union. The five institutions made this call during a two day ad hoc Expert Group Meeting on “Capacity Building in Economic Modelling for EAC’s Central Banks” which took place in Kigali from March 13 to 14.