Framework Administered Account for Selected Fund Activities-Norway Subaccount for Selected Fund Activities

Date: January 11, 2010
Electronic Access: Full Text

Summary:The Fund, represented by the Managing Director, has reached understandings with Norway acting through the Ministry of Foreign Affairs ("Norway"), to finance capacity building, training and related activities. On the basis of these understandings, the Managing Director has established the essential terms and conditions of the Subaccount, with which Norway concurs, with respect to the nature, design, and implementation of the activities to be financed and the method by which the costs of the activities will be financed from the Subaccount.

Series : Policy Paper
Subject(s): Administered accounts | Norway | Financial instruments | External financing | Executive Board decisions | Lapse of time approval