DEVELOPMENT BANK OF MAURITIUS HOSTS SADC DEVELOPMENT FINANCE INSTITUTIONS
BIANNUAL MEETING AND CHIEF EXECUTIVE OFFICERS ROUNDTABLE

The SADC DFI Subcommittee and the SADC-DFRC held their bi-annual meeting at the Labourdonnais Water Front Hotel in Port Louis, Mauritius on 30th April 2008.

The Subcommittee Meeting was officially opened by the Honourable Rama Khrishna Sithanen, Deputy Prime Minister and Minister of Finance and Economic Development of the Republic of Mauritius. The meeting was attended by Chief Executive Officers from development banks in the SADC region and members of the SADC Senior Treasury Officials (STOs). In his address, the Deputy Prime Minister emphasized the role of DFIs in development, and the need to address the prevailing challenges of food shortages, the rising costs of food and fuel and the attendant adverse impact on developing economies.