IMF Launches South Asia Training and Technical Assistance Center in New Delhi



The International Monetary Fund (IMF) launched its first fully integrated capacity development centre, South Asia Training and Technical Assistance Center (SARTTAC) in New Delhi.


The SARTTAC was inaugurated by Shaktikanta Das, Secretary of India’s Ministry of  IMF’s SARTTAC Finance.SARTTAC will help to assist the local member countries of South Asia including Bangladesh, Bhutan, India, Maldives, Nepal, and Sri Lanka.
It has been financed jointly by the IMF, the member countries, and development partners (Australia, South Korea the EU and the UK).The main objective of SARTTAC is to help its member countries strengthen their institutional and human capacity to design and implement macroeconomic and financial policies that promote growth and reduce poverty.  What can be the possible questions of above news


Q1. What is the full form of IMF and SARTTAC?
Q2. Where is the headquarter of IMF?
Q3. Who is the managing director of IMF?

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Source- The Indian Express


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