Policy Papers

Framework Administered Account for Selected Fund Activities—West Africa Regional Technical Assistance Center (AFRITAC West) Subaccount

September 18, 2009

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Framework Administered Account for Selected Fund Activities—West Africa Regional Technical Assistance Center (AFRITAC West) Subaccount, (USA: International Monetary Fund, 0) accessed September 18, 2024

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. The subaccount for the West Africa Regional Technical Assistance Center (AFRITAC West) would be the fourth one under the SFA.

This paper requests Executive Board approval to establish the AFRITAC West subaccount under the terms of the SFA Instrument.

Subject: Administered accounts, African Regional Technical Assistance Center, Executive Board decisions, Financial instruments, Lapse of time approval, Technical assistance, West Africa

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