Update on the Financing of the Fund’s Concessional Assistance and Proposed Amendments to the PRGT Instrument
Electronic Access:
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Summary:
New commitments under PRGT-supported programs amounted to SDR 0.15 billion in 2013, while disbursements on existing arrangements amounted to about SDR 0.8 billion. However, this lower demand is expected to be temporary. New commitments are projected to rebound to about SDR 1.5 billion in 2014, similar to the level observed in 2012. These projections are subject to considerable uncertainty regarding progress on ongoing program negotiations.
Series:
Policy Papers
Subject:
Concessional aid Debt relief Emergency assistance Executive Board decisions Fund general resources Fund reserves Lapse of time approval Poverty Reduction and Growth Trust Subsidy accounts
English
Publication Date:
April 8, 2014
Format:
Paper
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