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Project details
Swiss IMF Technical Assistance Subaccount
| Type of entry | Project |
|---|---|
| Date (start - end) | 01.01.2016 - 31.01.2016 |
| Scheduled status | Completed |
| Areas of intervention | |
| Sectors |
15111 - Public finance management |
| Locations |
Albania Bosnia and Herzegovina Republic of North Macedonia Serbia Kosovo* |
| Donors |
State Secretariat for Economic Affairs (SECO)
State Secretariat for Economic Affairs (SECO) Holzikofenweg 36 0041 58 462 56 56 |
| Implementers |
International Monetary Fund (IMF) |
| Beneficiaries |
Albania Bosnia and Herzegovina Kosovo* Serbia Republic of North Macedonia |
| Description | It is widely recognized that sound Public Financial Management (PFM) and a strong and stable financial sector are essential conditions for socio-economic development and poverty reduction. Therefore, demand for technical assistance in these areas is increasing. The IMF, with its proven expertise in the management of public finances and in strengthening the financial sector, is ideally placed to meet this demand. Furthermore, through its oversight function, the IMF has a deep insight into the economic and financial situation of its member countries, allowing it to target technical assistance exactly to the needs of recipient countries. Under the IMF Subaccount, SECO is able to provide technical assistance to its priority countries in a flexible and timely manner. |
* This designation is without prejudice to positions on status, and is in line with UNSCR 1244 and the ICJ Opinion on the Kosovo declaration of independence