Japan Administered Account for Selected IMF Activities (JSA)--Annual Report for Fiscal Year 2006

This chapter focuses on IMF’s technical assistance (TA) activities and describes Japan Administered Account for Selected Fund Activities (JSA) including its objectives, size, scope, and use, as well as assessments of its activities, with focus on fiscal year. Activities to be funded from the JSA, as well as all other IMF TA activities, are planned each year. Reflecting greater global financial stability and fewer conflict situations over the past two years, FY2006 saw a reduction in JSA allocations for crisis prevention and the rehabilitation of economic and financial institutions in post-conflict countries, and an increase in JSA allocations for sustainable debt management and poverty reduction efforts. The distribution of the commitment of JSA funds among the subject areas has broadly reflected the foregoing distribution in the overall use of IMF resources for technical assistance. Japan also provides financial support for a scholarship program for qualified Asian nationals who want to study economics at the doctoral level at one of the leading universities in North America to pursue a career at the IMF or in their home country governments. The program covers tuition and reasonable costs for two years of study; scholars are expected to cover the remaining years of study, typically through additional funding from their universities.