A feedback workshop of four studies aimed at promoting inclusive financial systems in the West Africa Economic and Monetary Union (UEMOA) zone opens today in Dakar.
Some 150 participants from the Central Bank of West African States (BCEAO), Finance ministers in the region, UEMOA professional associations and chartered accountants are attending the two-day workshop.
The meeting is held within the framework of the Decentralized Finance Support Programme (PRAFIDE) of the West African States Central Bank (BCEAO). This issuing institution common to eight West African countries is supported by the government of the Grand Duchy of Luxembourg through the AFR/017 project.
The first study concerns an internal control methodological guide to decentralized financial systems (DFS). It aims to strengthen the internal control in the UEMOA zone.
The second study is an external audit methodological guide for DFSs and aims to strengthen the external control of DFSs.
The third study relates to an institutional transformation guide of DFS. The objective is to support DFS to be transformed to meet the new legal framework for DFS.
The latest study focuses on the sustainability of the DFS professional associations. It aims to refocus the roles of these associations and support them in their search for financial and institutional sustainability.
Source African Press Agency
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