Poverty Reduction and Growth Trust - Borrowing Agreement with the National Bank of Belgium


Date: December 3, 2012
 
Electronic Access: Full Text

 
Summary:Effective November 12, 2012, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT), entered into a borrowing agreement (the “Agreement”) with the National Bank of Belgium, by which Belgium will provide new loan resources of up to SDR 350 million (see attachment). With this Agreement, the Fund has concluded fourteen new borrowing agreements providing total resources of SDR 9,811 million in the context of fundraising under the 2009 Low-Income Countries (LICs) financing package.

 
Series : Policy Paper
Subject(s): Borrowing agreements | National Bank of Belgium | Belgium | Borrowing by Fund | Borrowed resources use | Poverty Reduction and Growth Trust