Framework Administered Account for Selected Fund Activities-Kuwait Subaccount for Selected Fund Activities
Framework Administered Account for Selected Fund Activities-Kuwait Subaccount for Selected Fund Activities
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Volume 2010
Issue 102
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Labor , Public Finance , PP , Subaccount , fund member , terms and conditions , terms and conditions of the Subaccount , resources of the Subaccount , terms and conditions of the SFA Instrument , Project loans , 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 Kuwait Subaccount for Selected Fund Activities (the “Subaccount”) under the terms of the SFA instrument.
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