Conditionality in Fund-Supported Programs-Purposes, Modalities, and Options for Reform
Policy Papers, January 30, 2009
Source details
- Canonical URL
- Conditionality in Fund-Supported Programs-Purposes, Modalities, and Options for Reform
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Bibliographic details
- Published: January 30, 2009
- Series: Policy Papers
Summary
- This paper takes a fresh look at the purpose and modalities of conditionality for the use of the Fund’s resources.
- It is part of a broader review of Fund lending facilities that includes access levels, charges and maturities, the analytical basis for Fund lending, and facilities for low income countries.
- It aims to explore options for more flexible approaches that would be responsive to the changing needs and circumstances of the Fund’s members while providing adequate safeguards for Fund resources.
- While these options have been developed with General Resources Account (GRA) facilities in mind as a complement to the companion paper on the analytical framework, they could apply, as appropriate, to facilities and instruments used by low income members.
Purpose and Scope
- Purpose: Reassess conditionality for the use of Fund resources.
- Scope: Complements a companion paper on the analytical framework.
- Coverage: Focus on General Resources Account (GRA) facilities, with applicability to facilities and instruments used by low income members where appropriate.
Major Themes and Analytical Focus
- Review elements of Fund lending facilities:
- access levels
- charges
- maturities
- analytical basis for Fund lending
- facilities for low income countries
- Explore options for more flexible conditionality approaches that:
- respond to changing needs and circumstances of members
- provide adequate safeguards for Fund resources
Publication and Metadata
- Publication title: Conditionality in Fund-Supported Programs-Purposes, Modalities, and Options for Reform
- Publication date: January 30, 2009
- Subjects: Conditionality, Fund-supported adjustment programs, Use of Fund resources
- Format availability noted: Download PDF
- Related IMF services advertised on page: Policy Papers, IMF eLibrary, IMF Publications Newsletter
Source: International Monetary Fund landing page for "Conditionality in Fund-Supported Programs-Purposes, Modalities, and Options for Reform" (January 30, 2009).