SARTTAC's Mid-Year
Steering Committee Meeting

January 24, 2024 (Virtual)

 

The IMF South Asia Regional Training and Technical Assistance Center (SARTTAC) held its Mid-Year Steering Committee (SC) meeting (virtual) for the fiscal year (FY) 2024 on January 24, 2024. SARTTAC staff joined the meeting from its office in New Delhi while members, alternates, and observers connected virtually for the ninety-minute meeting. Fifty-Three participants joined, including IMF staff. Ahead of the meeting, the revised workplan for FY24, prepared after consultation with member country (MC) agencies, capacity development departments (CDD) and country teams in the IMF Asia and Pacific Department (APD), was circulated to the SC.
Conclusion of SARTTAC’s Phase I: SARTAC director Mr. Cowen informed the SC that SARTTAC had delivered 471 TA missions and 366 training events during February 2017 and December 2023. During this period, SARTTAC has trained over 8,100 participants. While India accounted for 28 percent of total CD spending, it was evenly spread across countries and ranged between 10 percent for Nepal and 19 percent for Bangladesh. In terms of sectors, the distribution was guided by country priorities.

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