The Macro-Economic Surveillance and Performance Unit of the SADC Secretariat was created to support implementation of the Regional Indicative Strategic Development Plan (RISDP).
The main purpose of the Macro-economic surveillance and performance unit is to provide policy guidance and advice to Member States in the macro-economic policy; plan, facilitate, coordinate and monitor macro-economic policies, including monetary and fiscal policies and programmes with a view to promoting economic liberalisation and development, trade and investment; and to achieving macro-economic convergence in the SADC Region.
The Unit prepares, coordinates, reviews and consolidates inputs and information from Member States, CCBG Secretariat and Strategic Partners as well as from other regional financial and/or economic organisations for presentation to the SADC Macroeconomic Sub Committee and the SADC Macroeconomic Peer Review Panel (PRP) meetings.
Macro-economic convergence ultimately means the balancing of Member State economies across SADC. Without such convergence, the integration milestones of Free Trade, Customs Union, a Common Market, Monetary Union and a Single Currency cannot take place.
