Framework Administered Account for Selected Fund Activities-Norway Subaccount for Selected Fund Activities

January 11, 2010

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Framework Administered Account for Selected Fund Activities-Norway Subaccount for Selected Fund Activities, (USA: International Monetary Fund, 0) accessed November 23, 2024

Summary

The Fund, represented by the Managing Director, has reached understandings with Norway acting through the Ministry of Foreign Affairs ("Norway"), to finance capacity building, training and related activities. On the basis of these understandings, the Managing Director has established the essential terms and conditions of the Subaccount, with which Norway concurs, with respect to the nature, design, and implementation of the activities to be financed and the method by which the costs of the activities will be financed from the Subaccount.

Subject: Administered accounts, Executive Board decisions, External financing, Financial instruments, Lapse of time approval, Norway

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