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In recent months, a number of Directors have expressed support in the Executive Board for a further extension of the temporary exceptional interest waiver on concessional lending. An extension would send a signal of the Fund's continued support for Low-Income Countries at a time when the global...
Persistent link: https://www.econbiz.de/10014410374
Transparency and communication have become central to the IMF's mission. The main thesis is that an important means of … further strengthening the IMF's external communication in the period ahead will be better coordination and integration of … communication with the IMF's policies and operations, especially in country work and for major policy initiatives and issues …
Persistent link: https://www.econbiz.de/10014409803
the IMF's Medium-Term Strategy, further integrate communications with operations, raise the impact of communication tools …
Persistent link: https://www.econbiz.de/10014410125
communication in a world where demand for Fund services continues to rise. Second, doing more to assess the impact of IMF …
Persistent link: https://www.econbiz.de/10014410655
On March 22, 2017, the Executive Board adopted the Guidelines for Investing PRG, PRG-HIPC, and CCR Trust Assets (the 'Guidelines') to establish the investment objectives and policies to guide the investment of assets of the PRG, PRG-HIPC, and CCR Trusts (the'Trusts') which are available for...
Persistent link: https://www.econbiz.de/10014408530
On July 17, 2017, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT or Trust), entered into a new borrowing agreement (the 'Agreement') with the Bank of Italy (hereafter, Italy or Purchaser), by which Italy will provide new resources to the Extended Credit Facility Loan...
Persistent link: https://www.econbiz.de/10014408708
This paper reviews the interest rate structure that would apply to the PRGT in 2017-18. Based on the interest rate setting mechanism agreed in 2009, the interest rate for the Extended Credit Facility (ECF) would be zero and the rate for the Standby Credit Facility (SCF) would be 0.25 percent....
Persistent link: https://www.econbiz.de/10014408717
At the recent Board discussion on strengthening the Fund's assistance to low-income countries dealing with sudden and exogenous shocks, most Directors supported the establishment of an Exogenous Shocks Facility within the Poverty Reduction and Growth Facility Trust. In an earlier discussion,...
Persistent link: https://www.econbiz.de/10014409748
On April 18, 2011, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT), entered into a borrowing agreement (the 'Agreement') with the Bank of Italy, by which Italy will provide new loan resources of up to SDR 800 million (see attachment). With this Agreement, the Fund has...
Persistent link: https://www.econbiz.de/10014410251
Effective November 12, 2012, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT), entered into a borrowing agreement (the 'Agreement') with the National Bank of Belgium, by which Belgium will provide new loan resources of up to SDR 350 million (see attachment). With this...
Persistent link: https://www.econbiz.de/10014410375