Cover Policy Papers
Flexible Credit Line—Operational Guidance Note
Author:
International Monetary Fund
Search for other papers by International Monetary Fund in
Current site
Google Scholar
PubMedClose
Series:
Policy Papers
Volume/Issue:
Volume 2012: Issue 040
Language:
English
Publication Date:
31 May 2012
DOI:
https://doi.org/10.5089/9781498340489.007
ISBN:
9781498340489
ISSN:
2663-3493
Pages:
31
Keywords:
PP; fcl arrangement; FCL decision; fcl request; FCL resource; approval procedure; FCL qualification; fund resource; fund policy; Balance of payments need; Lines of credit; Reserve positions; Global
Download PDF (1.3 MB) Download Epub
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 guidance and further background information on the FCL. SPR (the Emerging Markets Division), FIN, and LEG stand ready to clarify any further questions departments may have on the FCL or other aspects of the reforms to lending and conditionality.
  • Collapse
  • Expand
Cover Policy Papers
Policy Papers
ISSN:
2663-3493
Publisher:
International Monetary Fund
Volume 2012: Issue 040