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) and Rusila Bituwaqa (rbituwaqa@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.


PFTAC Associations : | AFSPC | PIFMA | PITAA |