Advisory Group

The Advisory Group, comprised of 14 representatives of central banks in the target region, is a key organisational body of the Fund. It is important for its regional coordination. Furthermore, it provides fund management with an important tool and information source to keep on top of financial sector developments in the region, and has strong linkages to local markets. Finally, it prepares local governments for their future role as shareholders: ownership of the donor contributions will eventually be transferred to local governments.