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The Committee of Ministers of Finance and Investment of SADC met in Johannesburg, South Africa on July 11, 2018, with the participation of central bank governors of the region to discuss areas of cooperation and improve regional financial coordination. Honorable Nhlanhla Nene, Minister of Finance of South Africa, Chair of the Committee of Finance and Investment Ministers and Co-Chair of the SADC Macroeconomic Peer Review Committee .

In his remarks at the opening ceremony, The Executive Secretary, His Excellency Dr Stergomena Lawrence Tax, expressed the commitment of the SADC Secretariat to operationalize the Regional Development Fund of SADC-FDR as a means of mobilizing adequate and sustainable resources for SADC regional programs. the Ministers who, through a commitment with the Partners, the African Development Bank has agreed to support the operationalization of the R Regional Development Fund. She then called on the Ministers to seize this opportunity to move the region forward quickly by signing and ratifying the Agreement to operationalize the SADC-RDF. Secretariat of the SADC