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    Resources

    • Remarks by the Deputy Managing Director Min Zhu, IMF: Small Middle Income Countries - Raising the Bar
    • Presentation: Deputy Managing Director Min Zhu: Small Middle-Income Countries in Sub-Saharan Africa: Taking Development to the Next Level
    • Conference on Small Middle-Income Countries in Sub-Saharan Africa: Joint Statement by Deputy Managing Director Min Zhu and Governor Linah Mohohlo of the Bank of Botswana
    • Press Release: IMF’s Zhu to Attend Regional Conferences in Botswana and Ghana
    • Staff Guidance Note on the Fund's Engagement with Small Developing States, March 24, 2014
    • Macroeconomic Developments and Selected Issues in Small Developing States: IMF Policy Paper, March 9, 2015
    • Africa on the Move (book excerpt)
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    Small Middle-Income Countries—Raising the Bar

    Gaborone International Convention Centre, Grand Palm Hotel
    Gaborone, Botswana

    January 29, 2016

    In recent years, small middle-income countries (SMICs) in sub-Saharan Africa have enjoyed stronger growth and economic development than most other countries in the region. More recently, however, a number of external developments have led to headwinds and a slowdown in economic activity. As a result, SMICs in the region need to adjust their policies to preserve stability and restore growth, while at the same time decide on the structural reforms that would set the basis for long-term growth and transition to high-income status. This high-level conference aims to take stock of recent developments and provide a forum to policy makers to exchange views on the above challenges and the policies needed to confront them.

    Against this background, the conference will comprise three sessions and a roundtable discussion noted in the agenda below.

    CONFERENCE AGENDA

    Full Day Agenda

    0845hrs Opening Remarks: Hon. Minister O K Matambo (Botswana)
    0920hrs Keynote Address: "SMICs: Taking Development to the Next Level" - IMF Deputy Managing Director, Mr. Min Zhu
    Presentation
    1000hrs

    Session 1: Living in a more challenging external environment: A Small Middle-Income Country (SMIC) perspective on recent external developments and best policy responses

    Panel:

    • Deputy Governor Ms. 'Mathabo Makenete (Lesotho)
    • Ms. Fundi Tshazibana (Alternate Executive Director, IMF Executive Board)
    • Mr. Woury Diallo (Alternate Executive Director, IMF Executive Board)

    Moderator:

    Ms. Anne-Marie Gulde-Wolf, Deputy Director, IMF African Department

    1115hrs Coffee Break
    1130hrs

    Session 2: Labour markets, structural constraints, and reform options

    Expert address by Dr. Graham Scott: “Motivating and Implementing Deep Structural Reforms – The Experience of New Zealand.”
    Presentation

    Panel:

    • Assistant Governor Mr. Mfan'fikile Edward Dlamini (Swaziland)
      Presentation
    • Mr. Raj Makoond, Director, Joint Economic Council (Mauritius)
    • Dr. Graham Scott (Former Treasury Secretary, New Zealand)
    • Dr Jay Salkin (Advisor, Monetary and Financial Stability Department; Bank of Botswana)
      Presentation

    Moderator:

    Prof. Happy Siphambe (Economics Department, University of Botswana)

    1300hrs Lunch Address: Professor Andre Sapir: “The Political Economy of Structural Reforms—Lessons from Europe.”
    Presentation
    1430hrs

    Session 3: Financing for development: fiscal challenges and financing options for SMICs

    Panel:

    • Deputy Governor Ebson Uanguta (Namibia)
      Presentation
    • Mr. Bertrand Belle (Special Advisor, Vice-President’s Office, Seychelles)
    • Professor Andre Sapir (Universite Libre de Bruxelles)
    • Dr Wilfred Mandlebe (Senior Policy Advisor, Ministry of Finance and Development Planning; Botswana)
      Presentation

    Moderator:

    Mr. Lamin Leigh (Coordinator, IMF AFRITAC West)

    1545hrs Wrap-up: Mr. Min Zhu, Deputy Managing Director (IMF)
    1830hrs

    Dinner

    Concluding Remarks: Governor Linah Mohohlo (Botswana)

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