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Catastrophe Containment and Relief Trust—Fifth Tranche of Debt Service Relief in The Context of The COVID-19 Pandemic
Author:
International Monetary Fund. Finance Dept.
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International Monetary Fund. Legal Dept.
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International Monetary Fund. Strategy, Policy, & Review Department
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Series:
Policy Papers
Volume/Issue:
Volume 2021: Issue 074
Language:
English
Publication Date:
20 Dec 2021
DOI:
https://doi.org/10.5089/9781616358471.007
ISBN:
9781616358471
ISSN:
2663-3493
Pages:
12
Keywords:
CCRT; debt service relief; CCRT instrument; CCRT debt service relief; CCRT resource; COVID cash buffer; Debt relief; Debt service; COVID-19; Global
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The Executive Board approved a two-step approach consisting of (i) an immediate approval of the disbursement of a fourth tranche of debt service relief to all qualified beneficiary countries covering the period from October 16, 2021 through January 10, 2022, and (ii) consideration by January 2022 of a final tranche of CCRT debt service relief through April 13, 2022 based on a brief Board paper with an assessment of resources at that time. In accordance with the two-step approach, this paper provides a brief overview on recent developments in CCRT-eligible countries followed by an update on the CCRT’s funding status and resources assessment.
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Cover Policy Papers
Policy Papers
ISSN:
2663-3493
Publisher:
International Monetary Fund