Modifications of the Fund's Conditionality Framework - Application to the Policy Support Instrument
April 13, 2009
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In connection with its recent review of the GRA Lending Toolkit and Conditionality—Reform Proposals, the Executive Board decided that the Fund would move to a review-based approach to monitor the implementation of structural reforms in the context of Fund-supported programs, including under PRGF or ESF arrangements.
Subject: Access to Fund general resources, Conditionality guidelines, Economic reforms, Executive Board decisions, General Resources Account, Lapse of time approval, Performance criteria, Policy Support Instrument
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