Complete the inventory and rationalize bank accounts with the CBL and commercial banks, which will entail: i) instruct MACs to close their bank accounts at commercial banks and transfer balances to the CBL (excluding donor funded projects, salaries funding accounts and revenue collection accounts); ii) the CBL to set up bank accounts following the closure of MACs bank accounts and transfer of cash balances to the CBL by commercial banks; and iii) supply a list of bank accounts that remain at commercial banks to IMF staff along with a rationale for their continued existence.
N/A