The High-Level Conference on the promotion of good governance and fight against corruption is organized by the African Union Commission (AUC) and the International Monetary Fund's (IMF) Africa Training Institute. The conference will take place as a full-day side event of the 4^th session of the African Union (AU) Specialized Technical Committee (STC) on Finance, Monetary Affairs, Economic Planning and Integration planned over March 9-14, 2020.

The conference responds to calls from within Africa to advance governance reforms and ramp up the fight against corruption, which are seen by regional stakeholders as critical to improved macroeconomic performance, effective institutions and inclusive development. The AUC and the IMF have also given governance and anti-corruption efforts an increasingly higher level of priority in their work, and within the scope of their respective mandates.

More specifically, the conference will offer a platform to discuss progress in the continent on strengthening governance and tackling corruption, present the IMF’s new framework for enhanced engagement and discuss its implications on the IMF’s lending, surveillance, and capacity development operations. The specific objectives of the conference include (i) discussing reforms of governance and anti-corruption frameworks in the continent, (ii) discussing the AUC strategy and the IMF framework on governance and corruption; (iii) building consensus on the macro-critical impact of poor governance and corruption and their transmission channels, and (iv) disseminating key IMF and AUC findings on governance and corruption issues, including the 2019 Fiscal Monitor (Curbing Corruption) and the anti-illicit financial flows Working Group (IWG) of the Consortium to stem IFFs from Africa.