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Update on the Financing of the Fund’s Concessional Assistance and Debt Relief to Low-Income Member Countries
Author:
International Monetary Fund
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Series:
Policy Papers
Volume/Issue:
Volume 2013: Issue 076
Language:
English
Publication Date:
20 Sep 2013
DOI:
https://doi.org/10.5089/9781498341318.007
ISBN:
9781498341318
ISSN:
2663-3493
Pages:
34
Keywords:
PP; SDR; PRGT; loan account; lending; loan resource; SDR equivalent; PRGT lending; PRGT commitment; LIC financing package; PRGT creditor; PRGT operation; PRGT loan; commitments of SDR; subsidy contribution; about SDR; Loans; Debt relief; Concessional external borrowing; Credit; Gold; Africa; Global
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This paper reviews recent developments in financing of the Fund’s concessional lending and debt relief. It reports the latest available data including the pledges made thus far in response to the Managing Director’s fund-raising requests of August 2009 and February and November 2012 aimed at establishing a self-sustained PRGT. The PRGT’s potential self-sustained capacity is discussed in the context of longer-term projections of the demand for concessional lending.
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Cover Policy Papers
Policy Papers
ISSN:
2663-3493
Publisher:
International Monetary Fund