7.5 International Financial Relations Through this division, National Treasury made significant strides in advancing the interests of SA in bilateral and multilateral engagements, with a strong focus on economic development of the African continent. Some of the highlights in 2011/12, included: . Engagements dominated by an uncertain global economy, especially the euro debt crisis; . Actively engaged in a lobby for the reform of the international financial architecture; . Strengthened the operations of the SA, Nigeria, Angola constituency in the World Bank, and of the African constituency in the IMF; . Strengthened cooperation with other departments to enhance advancement of SA policy imperatives in BRICS and G20; . Forged relations with a selected number of BRICS, G20, African and Nordic Finance Ministers; . Engagement in Africa premised on economic opportunities, institutional reform; and outreach; . Participated in development of regional economic integration strategies and infrastructure financing mechanisms; . Negotiated changes to SACU revenue sharing formula with BLNS countries; . Supported AfDB constituency office, and facilitated the opening of a Regional Resource Centre of the AfDB; and . Strengthened PFM outreach programmes through CABRI.