Framework Administered Account for Selected Fund Activities - Africa Regional Technical Assistance Center South (AFRITAC South) Subaccount
February 10, 2011
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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"). The financing of activities under the terms of the SFA Instrument is implemented through the establishment and operation of a subaccount 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.
Subject: 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
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