Temporary Modifications to The Fund’s Annual and Cumulative Access Limits
Download or Read eBook Temporary Modifications to The Fund’s Annual and Cumulative Access Limits PDF written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2023-03-10 with total page 37 pages. Available in PDF, EPUB and Kindle.
| Author | : International Monetary Fund. Strategy, Policy, & Review Department |
| Publisher | : International Monetary Fund |
| Total Pages | : 37 |
| Release | : 2023-03-10 |
| ISBN-10 | : 9798400236174 |
| ISBN-13 | : |
| Rating | : 4/5 (74 Downloads) |
Book Synopsis Temporary Modifications to The Fund’s Annual and Cumulative Access Limits by : International Monetary Fund. Strategy, Policy, & Review Department
Book excerpt: The paper discusses possible changes for the Poverty Reduction and Growth Trust (PRGT), for which the access limits were raised by 45 percent in 2021, bringing them into alignment with GRA access limits for the first time. While these changes helped address low-income countries’ (LICs) financing needs, these needs are projected to further increase in the medium term. An increase in the PRGT access limits in line with the proposed increase in the GRA access limits would help address these needs.
