Framework Administered Account for Selected Fund Activities - IMF-Middle East Center for Economics and Finance Subaccount for Selected Fund Activities
Policy Papers, October 22, 2010
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Bibliographic details
- Published: October 22, 2010
- 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 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 IMF-Middle East Center for Economics and Finance Subaccount for Selected Fund Activities (the “Subaccount”) under the terms of the SFA Instrument.
- Publication date: October 22, 2010.
Purpose and Scope
- Purpose: To obtain Executive Board approval to establish the IMF-Middle East Center for Economics and Finance Subaccount for Selected Fund Activities under the SFA Instrument.
- Operational mechanism: Establishment and operation of a subaccount within the SFA to administer external financial resources for selected Fund activities.
Policy and Programmatic Subjects Covered
- Administered accounts
- Executive Board decisions
- External financing
- Financial instruments
- Lapse of time approval
- Middle East
- Regional Technical Assistance Centers
- Technical assistance programs
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Source: Framework Administered Account for Selected Fund Activities - IMF-Middle East Center for Economics and Finance Subaccount for Selected Fund Activities (October 22, 2010).