Strong institutions are key to a country's long-term development, and a third of the IMF's operating budget goes toward helping governments build the institutional capacity they need to fulfill their development goals.

Development

Oral Williams: How Technical Assistance Translates into Better Lives

Oral Williams

July 15, 2021

Technical assistance raises tax revenues, which means more money for social programs. (iStock by Getty Images/greenaperature)
  • Strong institutions are key to a country's long-term development, and a third of the IMF's operating budget goes toward helping governments build the institutional capacity they need to fulfill their development goals.
Oral Williams - Oral Williams: How Technical Assistance Translates into Better Lives
75
In This Episode

Capacity development is one of the IMF's best-kept secrets. Strong institutions are key to a country's long-term development, and a third of the IMF's operating budget goes toward helping governments build the institutional capacity they need to fulfill their development goals. Oral Williams heads the IMF Regional Capacity Development Center for Anglophone West Africa and is coauthor with economists Ralph Chami and Elorm Darkey of a study that shows a direct relationship between technical assistance and the improvement in tax revenues. In this podcast, Williams says providing technical assistance and training to governments means better living standards for more people. Transcript

Read the research 

Oral Williams is Director of the IMF Technical Assistance Center in Accra, Ghana.

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