Selected Decisions and Selected Documents of the IMF, Thirty- Third Issue -- Poverty Reduction and Growth Facility and Exogenous Shocks Facility-Interest Rate on Trust Loans
Prepared by the Legal Department of the IMFAs updated with decisions adopted during the first quarter of 2009 (posted July 2009)
| ||||
| ARTICLE V, SECTION 2(b) | ||||
| Technical and Financial Services | ||||
| Financial Services | ||||
|---|---|---|---|---|
POVERTY REDUCTION AND GROWTH FACILITY AND EXOGENOUS SHOCKS FACILITY-INTEREST RATE ON TRUST LOANS The Fund as Trustee under the Instrument to Establish the Enhanced Structural Adjustment Facility Trust decides: In accordance with Section II, paragraph 4(a) and Section IV, paragraph 5 of the Instrument to Establish the Enhanced Structural Adjustment Facility Trust, the interest rate on loans from the Trust shall be set at 0.5 percent effective April 20, 1988. Decision No. 8846-(88/61) ESAF, | ||||
| ||||