Framework Administered Account for Selected Fund Activities: World Bank Subaccount for Selected Fund Activities
Policy Papers, March 21, 2011
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- Framework Administered Account for Selected Fund Activities: World Bank Subaccount for Selected Fund Activities
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Bibliographic details
- Published: March 21, 2011
- Series: Policy Papers
- Stock No: ISBN
Background and Context
- 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 World Bank Subaccount for Selected Fund Activities (the “Subaccount”) under the terms of the SFA instrument.
Key Points of the Proposal
- Request: Executive Board approval to establish the World Bank Subaccount for Selected Fund Activities (the “Subaccount”).
- Mechanism: Use of a subaccount within the existing SFA Instrument to administer external financial resources for selected Fund Activities.
- Governance: Implementation to follow the terms of the SFA Instrument.
Subject Tags from Source
- Collaboration with World Bank
- Executive Board decisions
- External financing
- Framework Administered Account
- IDA
- Lapse of time approval
- Technical assistance
Source: Framework Administered Account for Selected Fund Activities: World Bank Subaccount for Selected Fund Activities (March 21, 2011).