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ALMATY, Kazakhstan (TCA) — The International Monetary Fund (IMF) will locate a new regional technical assistance center (RTAC) in Almaty, Kazakhstan, Ms. Carla Grasso, Deputy Managing Director and Chief Administrative Officer of the IMF, said on October 18. The center will provide capacity development services to nine member countries in the Caucasus, Central Asia and Mongolia (CCAM) region. Work is expected to cover fiscal policy, central bank operations, financial sector supervision, and macroeconomic statistics. CCAM RTAC is expected to begin operations in about one year, the IMF said.

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