Review of PRGF-HIPC Financing, the Adequacy of the Reserve Account of the PRGF Trust, and Subsidization of Emergency Assistance
March 23, 2005
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This paper focuses on immediate PRGF and HIPC financing issues and does not discuss projections of the demand for, and supply of, resources for financing PRGF operations over the medium term. The latter issue will need to be revisited in the light of discussions on proposals for further debt relief and the Fund’s future financial role in low-income countries.
Subject: Emergency assistance, Heavily indebted poor countries, HIPC Initiative, Lapse of time consideration, Poverty Reduction and Growth Facility Trust
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Notes
The Proposed Decision in this document has been approved by the Executive Board of the International Monetary Fund.
