?Two hundred and ninety eight (298) staff of the Ministry of Finance and Economic Planning (MOFEP) have successfully completed courses organised by the MOFEP Academy in Accra.

The participants took part in 16 courses currently run by the academy to improve the capacity of staff at the ministry.

The Chief Director of MOFEP, Enock Cobbinah, said the idea of a MOFEP Academy was conceived following the successful organisation of a summer school on taxation for 25 MOFEP staff in 2011 by the Swiss Secretariat for Economic Cooperation (SECO).

He said with the establishment of the MOFEP Academy, the country now has a more comprehensive approach to a tailored training programme and one that provides some degree of institutional anchorage to overcome challenges in public financial management.

According to him, patronage of the Academy is encouraging, but it is their expectation that subsequent programmes will be further enriched by all the comments and recommendations that have been made for improvement to attract high participation.

Mr. Fiifi Kwetey, Deputy Minister of MOFEP, said it is the mission of the ministry to ensure macro-economic stability for promotion of sustainable economic growth and development of the country, through the formulation and implementation of sound financial, fiscal and monetary policies.

In order to achieve this, he said, the ministry operates through staff with a complex combination of skills and competencies in areas including economics, public finance, banking, auditing, and project management among others.

In addition, he said, to improve efficiency and productivity of staff, the ministry needs to constantly upgrade and develop their capacity to be at the cutting-edge of new ideas and best practices in these areas.

?Over the years our ministry has depended on outside institutions — both locally and abroad — to train our staff, often at great cost. It is therefore a relief that the ministry has initiated the MOFEP Academy to work with the best human capacity development institutions to deliver courses tailor-made for our needs.?

By Benson AFFUL

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