Browse

You are looking at 1 - 10 of 33 items for :

  • Climate; Natural Disasters and Their Management; Global Warming x
  • Social Services and Welfare x
Clear All
Rodrigo de Rato y Figaredo

Abstract

Mr. Chairman, Governors, honored guests, it is a pleasure to welcome you to these meetings on behalf of the International Monetary Fund. I would also like to extend a special welcome to my friend and colleague Bob Zoellick, and to thank him for his inspiring speech. Bob’s words make it clear that the Fund and the Bank are united by a common purpose—to serve the interests of the people of our member countries—and also a common commitment to reform. Welcome Bob.

International Monetary Fund

The Eastern Caribbean Currency Union (ECCU) countries financial system has increasingly come under stress particularly through weakly supervised nonbank and offshore financial sectors with knock-on effects to domestic banks. The staff report focuses on ECCU’s 2009 discussion on common policies of member countries on economic development and policies. In response, ECCU authorities have accelerated the establishment of national Single Regulatory Units and the passage of harmonized legislation to strengthen then regulation and supervision of nonbanks and offshore institutions.

International Monetary Fund. Strategy, Policy, &, Review Department, International Monetary Fund. Finance Dept., and International Monetary Fund. Legal Dept.

On May 24, 2019 the Executive Board of the International Monetary Fund (IMF) concluded the 2018–19 Review of Facilities for Low-Income Countries Reform Proposals (“Facilities Review”) and the companion Review of the Financing of the Fund’s Concessional Assistance and Debt Relief to Low-Income Countries (“Financing Review”).

International Monetary Fund. External Relations Dept.

• Stand-By Arrangement (1952): Addresses short-term balance of payments difficulties; the length of arrangements is typically 12-18 months, with a legal maximum of 3 years.

Ms. Gabriela Inchauste
This paper aims to inform on the status of Poverty and Social Impact Analysis (PSIA) in IMF-supported programs, detailing the results presented in the recent review of PRGF-supported programs. The review showed that more needs to be done, both in undertaking PSIA when necessary, and in reporting the policy tradeoffs in program documents. Policy design should be continuously informed by the results of PSIA.
International Monetary Fund. Strategy, Policy, &, Review Department, International Monetary Fund. Finance Dept., and International Monetary Fund. Legal Dept.

1. The 2018–19 Review of Facilities for Low-Income Countries (the “LIC Facilities Review”) is the second review of the Fund’s concessional facilities available to LICs since the current framework was established in 2009.1, 2 The objective of this review is to take stock of experience and assess whether modifications to these facilities for PRGT-eligible countries are warranted to better serve members’ needs in an evolving global landscape.