The Pacific Financial Technical Assistance Center (PFTAC) was established in Fiji in 1993 to provide technical advice and capacity building to 15 Pacific island countries (PICs). The Center is operated by the IMF in consultation with the governments of the PICs and the donors supporting it.

The ultimate objective of PFTAC is to assist the PICs in their efforts to achieve their long-term development goals. In contributing to these goals, PFTAC will assist with the development of skills and institutional capacity of PICs in the diagnosis, prioritization and implementation of appropriate policy, procedures and systems underpinning good practice in economic and financial management. It will do so in its traditional four Program Areas, and liaise closely with national governments and development partners.