TRADE AND ECONOMIC LIBERALIZATION AND DEVELOPMENT continued STRATEGIES SADC Regional Development Fund; Selffinancing mechanism OBJECTIVES Mobilize resources for RISDP 2005 2016 Establishment of a SADC Central Bank and prepare for a single SADC currency Establishment of the Development Fund 2010 Eliminate exchange control on capital account; on intra SADC transactions; The Fund established Feasibility study report Member States & Secretariat RESPONSIBILITY A F R I C A N 2004 2006 Eliminate exchange control on current account on intra SADC transactions; INDICATORS S O U T H E R N Completion of feasibility study on Fund. TIME FRAMES MEASURES PRIORITY INTERVENTION AREA: Trade and Economic Liberalization and Development GOAL: The overall goal of this intervention is to facilitate trade and financial liberalization, competitive and diversified industrial development and increased investment for deeper regional integration and poverty eradication through the establishment of a SADC Common Market. TABLE 4.10 1 1 8 D E V E L O P M E N T C O M M U N I T Y

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