## EUROPEAN UNION–INTERNATIONAL MONETARY FUND CAPACITY DEVELOPMENT PARTNERSHIP

## Source details

**Canonical URL:** [EUROPEAN UNION–INTERNATIONAL MONETARY FUND CAPACITY DEVELOPMENT PARTNERSHIP](https://www.imf.org/-/media/files/capacity-developement/partners/eu-imf-capacity-development-partnership-brochure-june-2023.pdf)

## Other formats

- [Markdown version](/-/media/files/capacity-developement/partners/eu-imf-capacity-development-partnership-brochure-june-2023.pdf.md)
- [Structured JSON version](/-/media/files/capacity-developement/partners/eu-imf-capacity-development-partnership-brochure-june-2023.pdf.json)

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### Overview
- All-time EU net contribution to IMF Capacity Development programs (until June 2023): USD 388 million.
- Coverage period cited: 2005–2023.
- Partnership relies on 4 pillars: collect more, spend better, cooperation in Africa, and cooperation on a global scale.
- EU contributions highlighted in trust funding:
  - Catastrophe Containment and Relief Trust: USD 196 million.
  - Poverty Reduction and Growth Trust: USD 107 million.
- Regional footprint: supports all IMF regional technical assistance centers in Africa, and centers in the Caribbean, Central America, Southeast Asia, and the Asia-Pacific.

### Financial Breakdown of EU Support to IMF Capacity Development
- Regional Capacity Development Centers: 62.8%
- Thematic Funds: 16.6%
- Bilateral programs: 20.5%
- Number of regional centers supported: 11 regional centers, 4 continents.

### Thematic Funds (6 Thematic Funds) — Objectives
- Revenue Mobilization Thematic Fund
  - Help countries meet their development objectives by increasing domestic revenue mobilization.
- Data for Decisions
  - Put more and better data in the hands of decisionmakers, thereby enhancing evidence-based macroeconomic policies and supporting the achievement of the SDGs.
- Tax Administration Diagnostic Assessment Tool
  - Provide an objective assessment of the health of key components of a country’s system of tax administration to improve tax administration functions, processes, and institutions.
- Managing Natural Resources Wealth
  - Help countries build capacity to manage their resource wealth effectively and sustainably.
- Somalia Country Fund
  - Support Somalia’s efforts to strengthen its operating and technical capacity to make economic and financial institutions become more effective, transparent, and accountable.
- Southeast Europe
  - Support countries in Southeast Europe in applying best international practices in public financial management, revenue administration and tax policy, and support their preparations in the EU accession process.

### Key Achievements and Success Stories
- Promoting Green, Gender, and Program-Based Budgeting
  - Mainstreaming of green and gender budgeting, and promoting program-based budgeting, in several countries in francophone Africa and Latin America.
  - Peer-to-peer regional seminars, such as with UN Women in Latin America.
- Updating SDG Costing Tools and Developing a Climate Module of the Tools
  - Climate-related extension enables assessment of spending needs to achieve the Sustainable Development Goals in the five climate action goal targets while accounting for countries’ vulnerabilities to climate-related events and natural disasters.
- Modernizing Fiscal Institutions in the Western Balkans, Eastern Europe, and the Caucasus
  - Securing progress in fiscal reforms in the Western Balkans and in the Eastern Partnership countries with the European Union, modernizing tax administrations and public investment in these regions, and assessing climate fiscal risks.
- Enhancing Public Financial Management in Togo
  - Programmatic approach with gradual reform steps including:
    - program-budgeting (2019)
    - gender budgeting (starting 2021)
    - climate budgeting (starting as new field in 2023)
- Making Public Investment More Efficient to Meet Climate Goals
  - Creation of the Climate Public Investment Management Assessment (C-PIMA) to help countries leverage public investment more effectively to meet their climate objectives.
  - C-PIMA implemented in 29 countries across Africa, Asia, Latin America, and Europe; complements the IMF Resilience and Sustainability Trust.
- Improving Customs and Revenue Mobilization in Central America
  - Conducting a gender equality gap analysis in seven customs administrations.
  - Improving core functions of tax administrations, including on the identification of non-registered taxpayers.
  - Narrowing the gap to adopt the World Trade Organization / Trade Facilitation Agreement standards and enhancing transparency in customs administrations.

### Bilateral and Regional Programs, and Analytical Tools
- EU supports dedicated programs benefiting regions (large programs on public financial management and revenue administration in Africa and Eastern European countries) and individual countries such as Angola, the Gambia, Guinea, Senegal, Sierra Leone, Togo, and Uzbekistan.
- EU funds development of analytical tools and programmatic, country-tailored technical assistance to strengthen economic and financial institutions.

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_Source: https://www.imf.org/-/media/files/capacity-developement/partners/eu-imf-capacity-development-partnership-brochure-june-2023.pdf_