Framework Administered Account for Selected Fund Activities—West Africa Regional Technical Assistance Center (AFRITAC West) Subaccount
September 18, 2009
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In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund activities (the “SFA Instrument”). <br /><br /> 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. <br /><br /> 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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