Policy Papers Volume 2022 Issue 051: Poverty Reduction and Growth Trust—2022: Borrowing Agreements With The Government of Canada As Represented By The Minister of Finance, The Bank of Italy, The Government of Japan, And The Bank of Spain (2022)

Poverty Reduction and Growth Trust—2022: Borrowing Agreements With The Government of Canada As Represented By The Minister of Finance, The Bank of Italy, The Government of Japan, And The Bank of Spain

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International Monetary Fund. Finance Dept.

International Monetary Fund. Finance Dept.
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International Monetary Fund. Legal Dept.

International Monetary Fund. Legal Dept.
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Series:: Policy Papers

Volume/Issue:: Volume 2022: Issue 051

Publication Date:: 11 Nov 2022

DOI:: https://doi.org/10.5089/9798400223020.007

ISBN:: 9798400223020

ISSN:: 2663-3493

Pages:: 17

Keywords:: transparency policy; PRGT loan resource; amended agreement; SDRS to an account; PRGT reform; Loans; Poverty reduction strategy; Distressed assets

Series:: Policy Papers

Volume/Issue:: Volume 2022: Issue 051

Language:: English

Publication Date:: 11 Nov 2022

DOI:: https://doi.org/10.5089/9798400223020.007

ISBN:: 9798400223020

ISSN:: 2663-3493

Pages:: 17

Keywords:: transparency policy; PRGT loan resource; amended agreement; SDRS to an account; PRGT reform; Loans; Poverty reduction strategy; Distressed assets

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This paper presents the first set of borrowing agreements that have been finalized as part of the loan mobilization round launched in July 2021 to cover the cost of pandemic-related lending and support the self-sustainability of the Poverty Reduction and Growth Trust (PRGT). All agreements presented use SDRs in the context of SDR channeling and together provide a total of SDR 2.85 billion in new PRGT loan resources for low-income countries (LICs).

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Policy Papers

ISSN:: 2663-3493

Publisher:: International Monetary Fund

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