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International Monetary Fund
In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund activities (the "SFA Instrument"). The financing of activities under the terms of the SFA Instrument is implemented through the establishment and operation of subaccounts under the SFA. This paper requests Executive Board approval to establish the Pacific Financial Technical Assistance Center (PFTAC) subaccount (the "Subaccount") under the terms of the SFA Instrument.
International Monetary Fund

://www.imf.org/external/pp/longres.aspx?id=4518 ). 26. “Africa Regional Technical Assistance Center South (AFRITAC South) Subaccount for Selected Fund Activities” ( http://0-www-imf-org.library.svsu.edu/external/pp/longres.aspx?id=4538 ). Attachment 2 PFTAC Beneficiaries Fund Members The Federated States of Micronesia Fiji Kiribati Marshall Islands, Republic of the Palau, Republic of Papua New Guinea Samoa Solomon Islands Timor Leste Tonga Tuvalu Vanuatu Fund Members’ Territories/Associated States The Cook Islands (self-governing parliamentary democracy in free association with New