Series: Policy Papers
Author(s): International Monetary Fund. Strategy, Policy, & Review Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 31 May 2012
Keywords: Access to Fund general resources, Conditionality, Flexible Credit Line, International investment position, External sector assessment, International reserves, External debt, Balance of payments, FCL, qualification criterion
The Flexible Credit Line (FCL) was introduced as part of a package of reforms to the Fund's lending facilities in March 2009 and its design was further refined in August 2010. The following provides operational gui...