METAC
Image by International Monetary Fund
(L-R) International Monetary Fund (IMF) Senior Advisor MiddleEast and Central Asia Department Alfred Kammer, IMF Deputy Managing Director Murilo Portugal, and Minister of Finance of Lebanon and Chair of the Middle East Regional Technical Assistance Center (METAC) Steering Committee H.E. Raya Haffar pose for a photo after the IMF, Donor Partners and Recipient Countries Pledge Contributions of US.5 million to Support the METAC.
The International Monetary Fund (IMF), the European Commission, France, Kuwait, Oman, as well as the Middle East Regional Technical Assistance Center (METAC) beneficiary countries—Lebanon, Egypt, Jordan, Libya, Syria, Sudan, and Yemen—pledged to contribute US.5 million to METAC during a pledging session held in Washington DC today. The pledges received cover about two thirds of the center’s requirements for its third phase of operation, which runs from May 2010 to April 2015. Discussions are ongoing with a number of other donors who have also expressed interest in contributing to METAC.
The center, which is located in Beirut (Lebanon), provides technical assistance and training to Afghanistan, Egypt, Iraq, Jordan, Lebanon, Libya, Syria, Sudan, the West Bank and Gaza and Yemen, with a focus on banking supervision, public debt management, revenue administration, public financial management, and macroeconomic statistics.
After the conclusion of the pledging session, IMF Deputy Managing Director Murilo Portugal made the following statement:
“The IMF is pleased that our partners – both traditional donors and recipient countries alike have again pledged their support to METAC.”
October 10, 2010, IMF Headquarters in Washington, D.C.
IMF Staff Photo/Michael Spilotro
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