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The Exchange of Documents between the Fund and Regional Financing Arrangements

The Exchange of Documents between the Fund and Regional Financing Arrangements »

Source: The Exchange of Documents between the Fund and Regional Financing Arrangements

Volume/Issue: 2018/002

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Legal Dept.;International Monetary Fund. Secretary's Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 January 2018

ISBN: 9781498307178

Keywords: International monetary system, Central bank role, Financial safety nets, Central banks, Balance of payments need, transmittal, non-routine, co-financing, RFA, document share

"The changing contours of the global economy and the rapid transformation of the global financial safety net (GFSN) have strengthened the case for more structured collaboration between its different layers, particu...

Flexible Credit Line - Operational Guidance Note

Flexible Credit Line - Operational Guidance Note »

Source: Flexible Credit Line - Operational Guidance Note

Volume/Issue: 2018/042

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Finance Dept.;International Monetary Fund. Legal Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 August 2018

ISBN: 9781498309592

Keywords: Balance of payments need, Financial statements, Central banks, Credit, Central banking, FCL, staff report, mid-term review, qualification criterion, conditionality

"This note provides general guidance on the use of the Flexible Credit Line (FCL). After an overview of the instrument, explaining its specific nature, the operational issues are grouped into three areas: an out...

IMF Executive Board Discusses Program Design in Currency Unions

IMF Executive Board Discusses Program Design in Currency Unions »

Source: Program Design in Currency Unions

Volume/Issue: 2018/011

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Legal Dept.;International Monetary Fund. Finance Dept.;International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2018

ISBN: 9781498307284

Keywords: Central banks, Monetary policy, Monetary unions, Exchange rate policy, Balance of payments need, ECB, currency union, CUs, ECCB, payment problem

"Despite a long history of program engagement, the Fund has not developed guidance on program design in members of currency unions. The Fund has engaged with members of the four currency unions-the Central African...

IMF Executive Board Discusses 2018 Review of Facilities for Low-Income Countries

IMF Executive Board Discusses 2018 Review of Facilities for Low-Income Countries »

Source: 2018 Review of Facilities for Low-Income Countries

Volume/Issue: 2018/039

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Finance Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2018

ISBN: 9781498310871

Keywords: Interest rates, Credit, Balance of payments need, Development, Concessional aid, concessional, ECF, SCF, RCF, LIC

The Fund is facing strong demand for financing from low-income countries (LICs). Commodity price shocks and loose fiscal policies have contributed to rising debt levels and financing needs in many countries. Severa...

Flexible Credit Line - Operational Guidance Note

Flexible Credit Line - Operational Guidance Note »

Volume/Issue: 2018/042

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Finance Dept.;International Monetary Fund. Legal Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 August 2018

DOI: http://dx.doi.org/10.5089/9781498309592.007

ISBN: 9781498309592

Keywords: Balance of payments need, Financial statements, Central banks, Credit, Central banking, FCL, staff report, mid-term review, qualification criterion, conditionality

"This note provides general guidance on the use of the Flexible Credit Line (FCL). After an overview of the instrument, explaining its specific nature, the operational issues are grouped into three areas: an out...

Precautionary and Liquidity Line - Operational Guidance Note

Precautionary and Liquidity Line - Operational Guidance Note »

Volume/Issue: 2018/041

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Finance Dept.;International Monetary Fund. Legal Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 August 2018

DOI: http://dx.doi.org/10.5089/9781498309431.007

ISBN: 9781498309431

Keywords: Access to international capital markets, Balance of payments need, Exchange rate policy, Debt sustainability analysis, Exchange rate frameworks, PLL, conditionality, staff report, prior action, ex-post

"This note provides general guidance on the use of the Precautionary and Liquidity Line (PLL). After an overview of the instrument, explaining its specific nature, the operational issues are grouped into five areas...

Program Design in Currency Unions

Program Design in Currency Unions »

Volume/Issue: 2018/011

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Legal Dept.;International Monetary Fund. Finance Dept.;International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2018

DOI: http://dx.doi.org/10.5089/9781498307284.007

ISBN: 9781498307284

Keywords: Central banks, Monetary policy, Monetary unions, Exchange rate policy, Balance of payments need, ECB, currency union, CUs, ECCB, payment problem

"Despite a long history of program engagement, the Fund has not developed guidance on program design in members of currency unions. The Fund has engaged with members of the four currency unions-the Central African...

2018 Review of Facilities for Low-Income Countries

2018 Review of Facilities for Low-Income Countries »

Volume/Issue: 2018/039

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Finance Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2018

DOI: http://dx.doi.org/10.5089/9781498310871.007

ISBN: 9781498310871

Keywords: Interest rates, Credit, Balance of payments need, Development, Concessional aid, concessional, ECF, SCF, RCF, LIC

The Fund is facing strong demand for financing from low-income countries (LICs). Commodity price shocks and loose fiscal policies have contributed to rising debt levels and financing needs in many countries. Severa...

Statement by the Managing Director on the Independent Evaluation Office Report on the IMF and Fragile States

Statement by the Managing Director on the Independent Evaluation Office Report on the IMF and Fragile States »

Volume/Issue: 2018/015

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2018

DOI: http://dx.doi.org/10.5089/9781498307345.007

ISBN: 9781498307345

Keywords: Interest rates, Financial assistance, Balance of payments need, Multilateral development institutions, Development, conflict situation, IEO, fragile state, IMF, policy advice

I welcome the report of the Independent Evaluation Office (IEO) on the IMF and Fragile States. The report recognizes that the Fund has made important contributions in restoring macroeconomic stability, building cor...

The Exchange of Documents between the Fund and Regional Financing Arrangements

The Exchange of Documents between the Fund and Regional Financing Arrangements »

Volume/Issue: 2018/002

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Legal Dept.;International Monetary Fund. Secretary's Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 January 2018

DOI: http://dx.doi.org/10.5089/9781498307178.007

ISBN: 9781498307178

Keywords: International monetary system, Central bank role, Financial safety nets, Central banks, Balance of payments need, transmittal, non-routine, co-financing, RFA, document share

"The changing contours of the global economy and the rapid transformation of the global financial safety net (GFSN) have strengthened the case for more structured collaboration between its different layers, particu...