Definition: Technical cooperation grants

Category: External debt - IMF

There are two basic types of technical cooperation: 

(1) free-standing technical cooperation (FTC), which is the provision of resources aimed at the transfer of technical and managerial skills or of technology for the purpose of building up general national capacity without reference to the implementation of any specific investment projects; and 

(2) investment-related technical cooperation (IRTC), which denotes the provision of technical services required for the implementation of specific investment projects. http://ec.europa.eu/eurostat/ramon/statmanuals/files/external_debt_guide_2003_EN.pdf#page=255