Framework Administered Account for Selected Fund Activities-Kuwait Subaccount for Selected Fund Activities
Author: International Monetary Fund. Legal Dept.
Publisher: International Monetary Fund
Published: 2010-11-08
Total Pages: 5
ISBN-13: 1498337007
DOWNLOAD EBOOKIn 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.