Committee of SADC Ministers of Finance convened a High-Level Discussions on Regional Financial and Economic Initiatives.

The Southern African Development Community (SADC) has officially opened the Committee of Ministers of Finance and Investment and the Peer Review Panel meetings at Elephant Hills, Victoria Falls, Zimbabwe yesterday. The meeting started yesterday  9th of June and it will stretch to the 13th of June 2025. The opening day featured a meeting of SADC officials from Ministries of Finance and regional central banks. The Senior Officials from SADC Central Banks will have a joint session today .

The primary objective of these meetings is to consider progress updates on ongoing initiatives that support the development and integration of financial markets across the region. The agenda will also include a review of Member States’ progress in meeting the Macro-economic Convergence targets, which is central to the SADC regional economic integration strategy aimed at achieving and maintaining macro-economic stability.

The key agenda items in discussion include measures to strengthen the integrity and resilience of financial systems within SADC Member States, and the formulation of strategies to sustainably finance regional infrastructure projects, particularly through development finance mechanisms.

The outcomes of this meeting are expected to shape future policy directions and bolster regional cooperation in pursuit of shared economic growth and stability.

By Witness A Phiri