Sep 2, 2019

CEF and IMF FAD: Synergies between Learning Events and Technical Assistance

The CEF currently hosts two IMF Fiscal Affairs Department (FAD) technical assistance advisors, covering public financial management and revenue administration. FAD advisors are funded by the EU-financed program to support economic governance and public finance management in six pre-accession countries: Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro, and Serbia. Vitor Gaspar, Director of Fiscal Affairs Department at the International Monetary Fund on excellent collaboration between the two institutions:

The IMF’s Fiscal Affairs Department (FAD) and the CEF have cooperated closely throughout the last two decades, focused on supporting countries in South East Europe (SEE) in strengthening their fiscal institutions. This shared commitment to the region has enjoyed significant success in supporting SEE countries in advancing fiscal reforms, particularly in revenue administration and public financial management, on the basis of FAD technical advice and with the help of CEF training. The IMF-CEF cooperation leverages complementarities between the IMF‘s on-the-ground advice to countries with the regionally-based learning opportunities offered by the CEF. We remain committed to continuing the close IMF-CEF cooperation in support of economic institution building in SEE, and are pleased that our work is also actively supported, including with financing, by other partners, particularly the EU and Switzerland (SECO).” 

Find out more about our cooperation with the IMF.