Framework Administered Account for Selected Fund Activities - Central America, Panama, and the Dominican Republic Technical Assistance Center (CAPTAC-DR) Subaccount


Date: March 27, 2009
 
Electronic Access: Full Text

 
Summary:In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund activities (the “SFA Instrument”). The financing of activities under the terms of the SFA Instrument is implemented through the establishment and operation of a subaccount within the SFA. The subaccount for the Central America, Panama, and the Dominican Republic Technical Assistance Center (CAPTAC-DR) would be the first one established under the SFA. This paper requests Executive Board approval to establish the CAPTAC-DR subaccount (the “Subaccount”) under the terms of the SFA Instrument.

 
Series : Policy Paper
Subject(s): Administered accounts | Central America | Dominican Republic | Technical assistance | External financing | Financial instruments | Executive Board decisions