The Caribbean Regional Technical Assistance Centre (CARTAC) is now operational, with headquarters in Bridgetown, Barbados.
The Centre is a joint initiative of the International Monetary Fund (IMF), the Caribbean Community (CARICOM), and the United Nations Development Program (UNDP). In addition to providing technical assistance and training services to CARICOM members and the Dominican Republic, CARTAC will also foster cooperation between the region and several other bilateral and multilateral agencies.
The primary objective of CARTAC is to assist its members in improving current practices in certain critical areas of economic and financial management, including budget and tax policy and administration; financial sector supervision and regulation, including that of offshore centers; and the compilation of financial, economic and social statistics.
