afrol News, 8 January - African minister of finance and economy are expected to adopt landmark economic decisions at the conference starting in Addis Ababa this weekend.

Addressing three key themes: “Ways and Means to Speed up the Establishment of the Continental Financial Institutions”; and “Enhancing the Means of Action of the Institutions of the African Union: What Financial Resources to Strengthen the Autonomy of the AU and Speed up Integration?”, the conference will also bring together continetal experts of finance of economy to deliberate issues affecting Africa, especially in the wake of the global financial crisis.

The objective of the conference is also to design and devise regional responses to mitigate or contain the present financial crisis, reduce its impact on growth and trade, speed up the process of regional integration and develop intra-regional trade, as well as initiate reforms geared to harmonizing national and regional policies, according to a statement from the African Union Commission.

The statement also said at the conference the AU ministers will consider and adopt the Protocol establishing the African Investment Bank; the Strategy and Programme for establishment of the Pan-African Stock Exchange; the Report of the study on the road map towards the development of microfinance and the Report on the Study on Alternative Sources of Financing the African Union.

By staff writer

© afrol News

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