Eritrean Capacity Building Project for Economic Policy Analysis and Management (EPAM)

Project Name:
Eritrean Capacity Building Project for Economic Policy Analysis and Management (EPAM)
Institution :
The Government of the State of Eritrea

Core Competence:
Economic Policy Analysis and Management
Project Region :
Eastern & Southern Africa
Country :
Eritrea
Status :
Closed
Grant Number :
157

Grant Amount (USD):
900 000

Commitment Date:
2005

Closing Date:
2010

Introduction:
In May 2005 ACBF board approved a 4 year grant for US$900,000 to the Government of Eritrea to support the EPAM Project whose goal was to improve the performance and efficiency of the public sector in the management of the Eritrea’s economy by: (i) building/strengthening the institutional and human capacity of selected public sector institutions (ii) improving the quality and availability of accurate, reliable and timely data for economic and social analysis, planning and to support informed policy decision-making.

Project Description:
EPAM Project’s goal was to contribute to: (i) enhance the skills and knowledge of public sector institutions that directly contribute and manage the country’s economic development policy and strategy; (ii) increase the number and quality of economists and other highly trained professionals that will contribute to develop the country’s capacity on economic policy and development management, fostering policies that promote growth and development and poverty reduction, and (iii) contribute to the establishment of the accounting professional body in Eritrea that will increase transparency and accountability in government.

ACBF has been granted the status of a specialized agency because of the potential to transform Africa through capacity development.

H.E. Thomas Kwesi Quartey, Deputy Chairperson, AU Commission

The recognition of ACBF as the African Union’s Specialized Agency for Capacity Development launches the beginning of a new era for capacity building by ACBF, which will require an appropriate level of political commitment and financial support from all stakeholders.

H.E. Erastus Mwencha, Chair, ACBF Executive Board

The remarkable achievements ACBF has registered over the past 26 years is not by accident in our opinion. They have come through hard work, dedication, commitment, purposeful leadership, support from the member countries as well as productive partnership building.

Mr. Lamin Momodou MANNEH, Director, UNDP Regional Service Centre for Africa

Africa needs ACBF as much, probably more now, than at the time it was created in 1991.

Hon. Goodall Gondwe, former Chair of the ACBF Board of Governors and Minister of Finance – Malawi

Ghana’s partnership with ACBF is a tremendous blessing for us and therefore the opportunity for Ghana to host the 26th ACBF Board of Governors Meeting is something that we treasure.

Hon Ken Ofori Atta, Chair of the ACBF Board of Governors and Minister of Finance - Ghana

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Eritrean Capacity Building Project for Economic Policy Analysis and Management (EPAM)