Human resource development is regarded as an important element of the Reserve Bank’s responsibilities because the Bank’s staff is its major asset. Considerable effort has accordingly been made in the past financial year to develop the skills of the Bank’s staff. In addition, several courses were presented to trainees from other African central banks at the Reserve Bank’s Training Institute.
The Institute, and the Bank of Tanzania Training Institute also jointly compiled a report on the coordination of training and development in the SADC region. In a further attempt to promote training, the Reserve Bank established a task force to review the training currently provided to staff and to make recommendations on ways of optimising the existing training facilities.