Annual report 2012: meeting of the Committee of Experts of the 5th Joint Annual Meetings of the AU Conference of Ministers of Economy and Finance and ECA Conference of African Ministers of Finance, Planning and Economic Development

Abstract

The activities carried out under this subprograms during the past year were aimed at strengthening the capacity of member States to design and implement appropriate policies and programs for achieving higher and sustained growth for poverty reduction, with particular emphasis on the following areas: macroeconomic analysis; finance, industry and investment; MDGs and LDCs monitoring; and support to the implementation of the New Partnership for Africa’s Development (NEPAD). The report examines the opportunities and challenges of unleashing Africa’s potential as a global growth pole and will inform discussions at the joint AU-ECA Conference of Ministers in March 2012 on the same theme. In addition, ECA contributed to other major publications during the year, including the 2011 edition of the African Economic Outlook (AEO), jointly prepared by African Development Banks, OECD, UNDP to assess economic performance of African countries; and the 2011 edition of the World Economic Situations and Prospects (WESP), jointly prepared by UNDESA, regional economic Commissions, UNCTAD and WTO to monitor recent economic developments in the global economy and provide medium-term forecasts to underpin discussion and policy dialogue within the UN and other international economic bodies.