Framework Administered Account for Selected Fund Activities -Tax Policy and Administration Topical Trust Fund Subaccount

November 10, 2010

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. This paper requests Executive Board approval to establish the Tax Policy and Administration (TPA) Topical Trust Fund (TTF) subaccount (the “Subaccount”) under the terms of the SFA Instrument.

Subject: Administered accounts, Executive Board decisions, External financing, Financial instruments, Lapse of time approval, Tax administration, Tax policy, Technical assistance, Trust Fund

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