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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
recent Steering Committee Meeting (March 20-21, 2006) endorsed PFTAC’s
current work program for FY06-08, which is fully funded.
Mission
and Areas of Technical Advice
PFTAC’s mission is to enhance
the institutional and human capacities of member countries and
regional bodies in the Pacific region to achieve their financial
and economic policy objectives. It’s objective is to be
a center of quality advice and capacity building on the technical
aspects of financial and economic policy formulation and management
to member countries and regional bodies. The four key areas of
technical advice are financial sector supervision, economic statistics,
revenue administration and public finance management.
Key PFTAC
personnel
Susan J
Adams(SAdams@imf.org)-- Coordinator
John Vaught--
Financial Sector Supervision (JVaught@imf.org)
Zia Abbasi-- Statistics (ZAbbasi@imf.org)
Carson McNeill -- Tax and Customs
Administration (CMcneill@imf.org)
Suhas Joshi -- Public Expenditure
Management (SJoshi@imf.org)
Administrative Staffs -- Elenoa
Bogiwalu (EBogiwalu@imf.org);
Nina Samuela (MSamuela@imf.org);
Peter Amputch (PAmputch@imf.org)
Approach
PFTAC carries out its mission
through: a) an average of over 50 TA missions per year to 15
member countries, b) at least one capacity-building exercise
imbedded into every TA intervention; c) organizing regional fora
to share experiences and best practices, such as the PITAA and
AFSPC; d) short-term attachments between PICs and relevant agencies
(sporadic); and e) quick ad hoc response to PICs on specific issues
(daily).
PFTAC cooperates actively with
other international and regional organizations, including the
Pacific Forum Secretariat, the Secretariat of the Pacific Community
(SPC), the Commission of the European Union (EC), the United Nations
Agencies, and the World Bank.
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