Framework Administered Account for Selected Fund Activities: Sweden Subaccount for Selected Fund Activities

Author: International Monetary Fund

Volume/Issue: Volume 2010 Issue 107

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Labor , Public Finance , International - Economics , PP , Subaccount , fund , fund member , terms and conditions of the Subaccount , Sida , resources of the Subaccount , management of the Subaccount , Project loans , International cooperation , Legal support in revenue administration , Wages

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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. This paper requests Executive Board approval to establish the Sweden Subaccount for Selected Fund Activities (the “Subaccount”) under the terms of the SFA instrument.