The Resilience and Sustainability Facility (RSF)
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- The Resilience and Sustainability Facility (RSF)
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Bibliographic details
- Published: March 17, 2023
Overview
- The Resilience and Sustainability Facility (RSF) provides affordable longer-term financing to support low-income and vulnerable middle-income countries undertaking macro-critical reforms to reduce risks to prospective balance of payments (BoP) stability, including those related to climate change and pandemic preparedness.
- The last update was in April 2025.
Purpose
- Provide affordable long-term financing to countries undertaking reforms to reduce risks to prospective balance of payments stability.
- Support reforms addressing long-term macro-critical structural challenges of climate change or pandemic preparedness.
Eligibility
- Eligible low- and middle-income countries requesting access to the RSF need:
- A package of high-quality policy reforms addressing the long-term macro-critical structural challenges of climate change or pandemic preparedness.
- A concurrent IMF-supported program supporting upper credit tranche quality policies (UCT program). It can be financing or non-financing and must be under one of the following arrangements: SBA, EFF, PLL, FCL, SCF, ECF, PCI or PSI.
- Emergency financing facilities (RFI, RCF), SMP, or SLL do not qualify.
- There should be at least 18 months remaining in the accompanying UCT program.
- Sustainable debt and adequate capacity to repay.
Conditionality
- Conditionality is tied to the package of high-quality policy reforms and the concurrent IMF-supported UCT program (financing or non-financing) as specified under Eligibility.
Review modalities
- Review modalities are governed by the concurrent IMF-supported program and the RSF’s conditions linked to that program.
Terms
- The RSF expires when all amounts available are disbursed.
- The RSF automatically ends upon the termination, cancellation, or expiry of the concurrent IMF-supported program.
Repayment
- Repayment terms are determined within the RSF framework and in the context of the accompanying IMF-supported program.
Interest rate
- Interest rate terms apply under the RSF framework.
Access
- Starting point of access determination is a norm of 75 percent of quota.
Content in this bundle
- The Resilience and Sustainability Facility
References