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International Monetary Fund. Western Hemisphere Dept.

plan in use. In Anguilla CARTAC experts conducted organizational structure reviews and workload assessments to help the planning function. Risk Management is the corner stone of an effective, modern customs administration. It enables customs, by gathering and analyzing information from a variety of sources, to make sound decisions about intervening in the cargo clearance process. TA has been provided to St. Lucia, and a framework has been prepared to identify, categorize and prioritize risks, and to propose risk treatments to address those risks. TA, including

International Monetary Fund. External Relations Dept.

2003. Stabilization and adjustment programs in the Eastern Caribbean . In parallel with the public expenditure management reforms, CARTAC helped fund a financial programming training course for the ECCB and its members in April 2002. Country teams are now working with CARTAC experts using financial programming techniques to design, implement, and monitor “homegrown” stabilization and adjustment programs. Trinidad and Tobago’s public financial management reform . Trinidad and Tobago has sought CARTAC’s assistance in designing a comprehensive reform program to

International Monetary Fund

was conducted by a team of assessors representing the Caribbean Financial Action Taskforce (CFATF) in September 2003. XIII. Technical Assistance: (2005–Present) Since 2005, St. Kitts and Nevis has benefited from technical assistance in the areas of tax policy, tax administration, economic statistics, financial supervision and macroeconomic management, both from IMF headquarters and the Caribbean Regional Technical Assistance Centre (CARTAC). Experts from CARTAC and the IMF’s Statistics Department (STA) advised the Central Statistics Office on improving

International Monetary Fund

of St. Kitts and Nevis AML/CFT Assessment was conducted by a team of assessors representing the Caribbean Financial Action Taskforce (CFATF) in September 2008. XIII. Technical Assistance: (2005-Present) Since 2005, St. Kitts and Nevis has benefited from technical assistance in the areas of tax policy, tax administration, economic statistics, financial supervision and macroeconomic management, both from IMF headquarters and the Caribbean Regional Technical Assistance Centre (CARTAC). Experts from CARTAC and the IMF’s Statistics Department (STA) advised the

International Monetary Fund

.imf.org/external/pubs/ft/scr/2004/cr04293.pdf . A review of St. Kitts and Nevis AML/CFT Assessment was conducted by a team of assessors representing the Caribbean Financial Action Taskforce (CFATF) in September 2003. XIII. Technical Assistance: (2005–Present) Since 2005, St. Kitts and Nevis has benefited from technical assistance in the areas of tax policy, tax administration, economic statistics, financial supervision and macroeconomic management, both from IMF headquarters and the Caribbean Regional Technical Assistance Centre (CARTAC). Experts from CARTAC and the IMF’s Statistics

International Monetary Fund

bodies, with areas of responsibility defined in memoranda of understanding. 113. A CARTAC expert, to bring Grenada’s provisions in line with Basel principles, has drafted amended legislation for the offshore sector. This legislation is intended as a model for the other ECCU members, except Antigua and Barbuda , and all are expected to adopt it by January 2003. Antigua and Barbuda has already completed updates of the legislative framework for its IFSC. A joint ECCB/CARTAC team, with participation of Caribbean and international supervisors, has completed a review of

International Monetary Fund. Western Hemisphere Dept.

management training. 15. TA has been provided to St. Kitts and Nevis and St. Vincent and the Grenadines to prepare corporate business and strategic plans, and all now have some form of corporate plan in use . In Anguilla CARTAC experts conducted organizational structure reviews and workload assessments to help the planning function. 16. Risk Management is the corner stone of an effective, modern customs administration . It enables customs, by gathering and analyzing information from a variety of sources, to make sound decisions about intervening in the cargo clearance

International Monetary Fund

’ offshore banking sector was completed in April 2004, and published as IMF Country Report 04/305. XIII. Technical Assistance: (2005-present) During 2005 and 2006, St. Vincent and the Grenadines has benefited from technical assistance in the areas of tax policy, tax administration, economic statistics, financial supervision and macroeconomic management, both from IMF headquarters and the Caribbean Regional Technical Assistance Center (CARTAC). Experts from CARTAC and the IMF’s Statistics Department (STA) advised the Central Statistics Office on improving the

International Monetary Fund

supervision and macroeconomic programming, both from IMF headquarters and the Caribbean Regional Technical Assistance Center (CARTAC). In January 2002 and July 2006, CARTAC experts visited Belize to advise the Central Statistical Office on improving National Income Accounting. During early 2004-June 2005, a long-term consultant from IMF’s Monetary and Financial Systems Department (MFD) assisted the Central Bank of Belize in banking supervision. In March 2005, a joint mission from the IMF’s Legal Department and MFD visited Belize to advise the authorities on

International Monetary Fund. External Relations Dept.
Tanzanian President Benjamin William Mkapa’s remarks on the inauguration of East AFRITAC could not have been clearer or more emphatic. If Africa is to define its own economic destiny, it must strengthen its ability to design and implement sound economic policies. And policy ownership and capacity building are what the new regional technical assistance center, which opened October 24 in Dar es Salaam, is all about.