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Foreign Assistance: Treasury's Technical Assistance Program

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Report Type Reports and Testimonies
Report Date March 12, 1999
Report No. NSIAD-99-65
Subject
Summary:

After the collapse of communism in Central Europe and the breakup of the Soviet Union, the United States created programs of technical assistance to help countries transition to market economies and democracy. Using advisors based in the United States and overseas, the Treasury Department's Office of Technical Assistance provides strategic and technical advice to these countries to promote economic reform and private-sector development. This report reviews the operation of the Treasury assistance program. GAO (1) identifies the types of technical assistance the advisors have provided to Russia and Romania; (2) discusses oversight by the Office of Technical Assistance of advisors' activities; and (3) provides information on advisor qualifications, program costs, fund transfers between the Agency for International Development and the Treasury, and the location of the Treasury's senior advisors to its program.

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