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Steering Committee of SARTTAC - New Delhi
November 19 , 2017
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- Interim Meeting of the Steering Committee of the International Monetary Fund (IMF)’s South Asia Regional Training and Technical Assistance Center (SARTTAC) took place in New Delhi.
- Officials from all Six (6) Member countries along with the Development Partner representatives and IMF staff attended the meeting.
- The Committee appreciated the range of training delivered to Member countries, including in-country training and the inclusion of subnational officials from India.
- The Committee endorsed FY 2018 work plan and also approved new work area in Government Finance and Public Debt Statistics.
- SARTTAC was inaugurated in February 2017 and it is located in New Delhi, India.
- It is the first IMF Regional Capacity Development Centre to fully integrate training and technical assistance activities.
- It works with Bangladesh, Bhutan, India, Maldives, Nepal, and Sri Lanka.
- Member countries finance two-thirds of the Center’s Budget, with additional funding from the European Union, Korea, the United Kingdom, and Australia.
- It will help Governments to modernize their economic policies and institutions that promote growth and reduce poverty.
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