The International Monetary Fund (IMF) agreed to continue its programme under South Asia Training and Technical Assistance Center (SATTAC), in areas of improving fiscal management and resource augmentation in Odisha, official sources said on Monday.
The decision in this regard was taken at a high level meeting on Public Finance Management (PFM) system, chaired by Chief Secretary A K Tripathy.
A team of IMF representatives, headed by Anne Marie Gulde, Deputy Director, Asia-Pacific Department attended the meeting.
Under the SATTAC, the IMF provides the capacity development facility to India, Bangladesh, Bhutan, Maldives, Nepal and Sri Lanka and technical assistance support to few states including Odisha, official sources said.
Quoting IMF team leader Anne Marie Gulde, an official statement, issued by the chief secretary's office, said: "Fiscal reforms in Odisha are on the right path with sensible approaches."
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