Sweden's Riksbank published remarks by Deputy Governor Anna Seim from a seminar for SIDA staff and Sweden’s embassies, outlining how the central bank provides technical assistance to strengthen capacity at central banks in developing and partner countries. Seim linked well-functioning institutions, including an independent and transparent central bank, to low and stable inflation, effective payments and financial stability conditions that support long-term economic development. The technical assistance programme has run for 25 years and has been financed since 2002 under a special agreement with SIDA, with the Riksbank working with a small number of counterparts at any one time. Current projects involve the central banks of Ethiopia, Rwanda and Ukraine, alongside cooperation with the Palestinian Monetary Authority, with recurring areas including electronic payments and systems, inflation-targeting communication, monetary policy framework design and financial stability monitoring. Examples cited included work with the Palestinian Monetary Authority on electronic payments and financial stability that led to participation in international evaluations, support to Rwanda on monetary policy decision-making models and crisis management preparedness, and ongoing exchanges with the National Bank of Ukraine across monetary policy, financial stability, payments, internal auditing, communication and preparedness.
Riksbank 2026-02-11
Sweden's Riksbank highlights its SIDA-funded technical assistance cooperation with partner central banks
Sweden's Riksbank, via a 25-year SIDA-funded programme, aids developing countries' central banks in electronic payments, inflation-targeting, and financial stability. Current projects involve Ethiopia, Rwanda, Ukraine, and the Palestinian Monetary Authority. The programme stresses independent, transparent central banks for low inflation and economic stability.