A New Architecture of Facilities for Low-Income Countries

Publication Date:

June 26, 2009

Electronic Access:

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Summary:

This paper proposes a new facilities architecture for Low-Income Countries. It is based on "Option 2" set out in the framework paper discussed by the Executive Board on March 20, 2009. The new architecture provides a unified facilities framework for LICs under a new Poverty Reduction and Growth Trust (PRGT). The facilities are distinguished primarily by the duration of the financing and adjustment needs and the conditionality standard.

Supplement

Decision

Series:

Policy Papers

Subject:

English

Publication Date:

June 26, 2009

Price:

Free

Format:

Paper

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