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2018 Review of Facilities for Low-Income Countries
Author:
International Monetary Fund. Strategy, Policy, &amp
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Review Department
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International Monetary Fund. Finance Dept.
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Series:
Policy Papers
Volume/Issue:
Volume 2018: Issue 039
Language:
English
Publication Date:
01 Aug 2018
DOI:
https://doi.org/10.5089/9781498310871.007
ISBN:
9781498310871
ISSN:
2663-3493
Pages:
71
Keywords:
PP; financing; Fund; lending; LIC facilities; financing needs; ECF arrangement; needs of LIC; Lic facilities toolkit; access limit; Natural disasters; Balance of payments need; Debt relief; Poverty reduction strategy; Credit; Global
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The Fund is facing strong demand for financing from low-income countries (LICs). Commodity price shocks and loose fiscal policies have contributed to rising debt levels and financing needs in many countries. Several developing states, especially smaller ones, are also increasingly vulnerable to large natural disasters. At the same time, many LICs less dependent on commodity exports have enjoyed robust growth in recent years, with more contained vulnerabilities.
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Cover Policy Papers
Policy Papers
ISSN:
2663-3493
Publisher:
International Monetary Fund