Framework Administered Account for Selected Fund Activities: Africa Training Institute Subaccount for Selected Fund Activities
Framework Administered Account for Selected Fund Activities: Africa Training Institute Subaccount for Selected Fund Activities
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Volume/Issue:
Volume 2013
Issue 033
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Business and Economics , Labor , PP , contributor , fund , ex ante concurrence , contributor's consent , terms and conditions of the Subaccount , resources of the Subaccount , contributor's resource , termination of the Subaccount , Wages , Sub-Saharan Africa
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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”).1 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 Training Institute Subaccount for Selected Fund Activities (the “Subaccount”) under the terms of the SFA Instrument.
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