Monetary Policies
TOPIC:
Tools » Institutions » Regional » Africa » AU » Dom. Policies » Economy » Monetary Policies
Category
papers
Date
2003
Actor
African Union (AU)
Source
African Union (AU)
Uploaded date
2010-04-14
Uploaded by
Ashley Kim Stewart
Link
The Creation of the African Monetary Fund (AMF)
"[AMF] will be a pool of central bank reserves and national currencies of the member states of the African Union ... The main objective will be to provide financial assistance to member states of the African Union that are faced with balance of payments problems. The AMF will differ from the IMF in its lending policies, as it will give priority to regional macroeconomic objectives." (Quoted from paper)
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