Officials of Ministries of Finance and Central Banks of COMESA, the East African Community (EAC) and Southern Africa Development Community (SADC) for consideration and submission to the Tripartite Task Force; and (b) The next call for submissions to access the resources of Regional Integration Support Mechanism (RISM) as amended by the rider be launched. (c) Member States which had not signed the Charter of CMI and which had not contributed to the budget should do so by the end of August 2011. MINISTERS OF FINANCE AND CENTRAL BANK GOVERNORS Regional Payment and Settlement System (REPSS) Decisions 4. Council made the following decisions: Macroeconomic Convergence in COMESA Member Countries Decisions (a) Commended the Central Banks of Democratic Republic of Congo, Malawi, Mauritius, Rwanda, Sudan, Swaziland, Uganda and Zambia for having signed the REPSS Agreements and prefunded their accounts at the Bank of Mauritius; 6. Council made the following decisions: (a) In order to enhance the implementation of the Monetary Harmonisation Programme of COMESA, Member States should continue to move towards macro-economic convergence, which take into account poverty reduction strategies that target growth and equitable distribution of benefits of growth in order to achieve the Millennium Development Goals. (b) Mandated the Secretary General of COMESA to have REPSS included on the Tripartite Agenda for it to become a Tripartite Facility; and (c) Mandated the Secretary General of COMESA and the Chairman of the COMESA Committee of Governors of Central Banks to engage China, India and The Cooperation Council for the Arab States of the Gulf (GCC) on joining REPSS. (b) COMESA, as current Chair of the Tripartite Task Force, should initiate discussions with EAC and SADC to make Monetary and Fiscal Policies Harmonization Programme a Tripartite Programme. COMESA Multilateral Fiscal Surveillance Framework (MFSF) Decisions 7. Council made the following decisions: Operationalisation of the COMESA Monetary Institute Decisions 5. Council made the following decisions: (a) With technical assistance from the African Development Bank (AfDB), a task force should be set up to flesh out the proposal on embedding trade integration with MFSF, and make appropriate recommendations; (a) Approved the principle of using the COMESA Monetary Institute as the Tripartite Institute for the three RECs; (b) The findings of the study undertaken on the utilisation of CMI as a Tripartite Institution should be submitted to Senior (b) A convergence council should be established with joint membership of the Ministers of Finance and Governors of 3