Who is eligible?
The selection of fully-funded participants will be based on the
A candidate must normally be a national of a developing
country that meets all of the following three conditions:
- Has a population of less than 1.5 million or has a larger
population, but is, nevertheless, a member of the Small States
Network for Economic Development (SSNED)
- Is a member country of the World Bank or the Asian Development
Bank or is a dependent territory of a member country of the World
Bank or the Asian Development Bank.
- Is eligible to borrow from the IBRD or IDA (or has recently
secured such funding as part of a regional program to facilitate
global public goods). In the case of an Asian Development Bank
member country, a country must be eligible to obtain OCR or ADF
A candidate must normally be a public sector official at senior
or middle management level from:
- The financial regulatory body; or
- The Central Bank or equivalent body; or
- The Ministry of Finance or Treasury or equivalent body.
In certain circumstances, an official from another
government department whose work is directly related to the finance
sector will be considered for participation.
A candidate's application should be endorsed by his or her
The maximum number of qualified applicants that will be accepted
for participation from any one country will be two. A second place
will not normally be allocated if the programme is fully
Candidates should have a good knowledge of the English
VERY IMPORTANT: Selection will be positively influenced by the
information provided in answer to the question on the application
form that reads "Briefly describe the
challenge/problem you would like to work on during the
Find out which small countries have previously participated in the SCFMC programme.