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A Specialized Agency of the African Union

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Support Unit for the Formulation and Management of Macro Economic Policies (MACROFOR)

  • Project Name:
    Support Unit for the Formulation and Management of Macro Economic Policies (MACROFOR)
    Institution :
    Government of DRC
    • Core Competence:
      Economic Policy Analysis and Management
    Project Region :
    West & Central Africa
    Country :
    Democratic Republic of the Congo
    Status :
    Closed
    Phase :
    1
    Grant Number :
    89
    Grant Amount (USD):
    1 600 000
    Commitment Date:
    2002
    Closing Date:
    2006
    Introduction:

    The Cellule d’apppui a la Formulation et a la Gestions des Politiques Macro-Economiques - MACROFOR unit was established to build indigenous capacity to undertake policy analysis through training. The unit was embedded in the Ministry of Planning. In December 2001, the Executive Board approved a grant of US$1 598 164 to the project.

    Project Description:

    The goal of MACROFOR Project was to improve the performance of the economic ministries through institutional support and training of staff.  The objective was to strengthen the human capacity of line economic ministries and the Central Bank in order to upgrade and update the skills of those in charge of the economic policy analysis and formulation process, and those in charge of preparing reconstruction/recovery plan and follow-up poverty alleviation and debt management policies. 

Thomas Kwesi Quartey

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
Erastus Mwencha

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
Lamin Momodou

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
Goodall Gondwe

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
Ken Ofori Atta

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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