Framework Administered Account for Selected Fund Activities - Africa Regional Technical Assistance Center South (AFRITAC South) Subaccount
Policy Papers, February 10, 2011
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Bibliographic details
- Published: February 10, 2011
- Series: Policy Papers
Summary
- In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund activities (the "SFA Instrument").
- Financing of activities under the SFA Instrument is implemented through establishment and operation of subaccounts within the SFA.
- This paper requests Executive Board approval to establish the Africa Regional Technical Assistance Center South (AFRITAC South) Subaccount (the "AFRITAC South Subaccount" or the "Subaccount") under the terms of the SFA Instrument.
Purpose and request to the Executive Board
- Request: Executive Board approval to establish the AFRITAC South Subaccount under the SFA Instrument.
- Intended function: Administer external financial resources to finance selected Fund activities delivered through AFRITAC South.
Instrument and implementation
- Instrument: Framework Administered Account for Selected Fund Activities (the "SFA Instrument").
- Mechanism: Financing is implemented through the establishment and operation of a subaccount within the SFA.
Subjects and scope
- Topics covered: Administered accounts; Africa Regional Technical Assistance Center; Executive Board decisions; External financing; Financial instruments; Framework Administered Account; Lapse of time approval; Southern Africa; Technical assistance programs.
Publication metadata and access
- Publication date: February 10, 2011.
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Framework Administered Account for Selected Fund Activities - Africa Regional Technical Assistance Center South (AFRITAC South) Subaccount, February 10, 2011.