SEAMEO RETRAC, under the fiscal year 2005/2006, carried out various activities, assisting SEAMEO member countries to identify and tackle problems of management in education at all levels, and simultaneously thriving to be a Center of Excellence in Educational Management in the region. The following Executive Summary of the Annual Report FY 2005/2006 highlights SEAMEO RETRAC achievements within the five key result areas (KRA): KRA I Program Excellence and Relevance; KRA II Quality and Efficiency of Management; KRA III Financial Viability; KRA IV Access to Markets; KRA V Linkages.