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CATASTROPHE CONTAINMENT AND RELIEF TRUST: POLICY PROPOSALS AND FUNDING STRATEGY

IMF staff regularly produces papers proposing new IMF policies, exploring options for reform, or reviewing existing IMF policies and operations. The following document(s) have been released and are included in this package:

MARCH 2020

  • The Press Release released on March 27, 2020

  • The Staff Report prepared by IMF staff and completed on March 23, 2020.

  • The Proposed Decision prepared by IMF staff and completed on March 25, 2020.

The IMF’s transparency policy allows for the deletion of market-sensitive information and premature disclosure of the authorities’ policy intentions in published staff reports and other documents.

Electronic copies of IMF Policy Papers

are available to the public from

http://www.imf.org/external/pp/ppindex.aspx

International Monetary Fund

Washington, D.C.

© 20[xx] International Monetary Fund

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CATASTROPHE CONTAINMENT AND RELIEF TRUST: POLICY PROPOSALS AND FUNDING STRATEGY

March 23, 2020

Approved By

Andrew Tweedie, Martin Muhleisen, Rhoda Weeks-Brown

Prepared by the Finance Department, the Legal Department, and the Strategy, Policy, and Review Department

Contents

  • A. What Is the Role of the Catastrophe Containment and Relief Trust (CCRT) in the Fund’s Concessional Toolkit?

  • B. How Does the CCRT Operate?

  • C. What Is the Funding Status of the CCRT?

  • D. Is the CCRT “Fit for Purpose” to Handle the COVID-19 Pandemic?

  • E. What Is Needed to Use the CCRT Effectively in the Current Pandemic?

  • F. What Are the Next Steps?

  • G. Issues for Discussion

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CATASTROPHE CONTAINMENT AND RELIEF TRUST: POLICY PROPOSALS AND FUNDING STRATEGY—PROPOSED DECISION

March 26, 2020

Approved By

Andrew Tweedie, Martin MĂĽhleisen, Rhoda Weeks-Brown

Prepared by the Finance Department, the Legal Department, and the Strategy, Policy, and Review Department

Contents

  • I. Introduction

  • II. Summary of Decision

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