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
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...