Staff Guidance Note on the Use of Fund Resources for Budget Support
March 24, 2010
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This note provides operational guidance and background information on the use of Fund resources for budgetary financing. It does this in the context of concerns expressed by some Executive Board Directors that, by providing such financing, the Fund might be held accountable for the quality of budgetary spending; that repayment could be subject to country budgetary processes; and that budget financing is the role of other institutions.
Subject: Balance of payments need, Concessional aid, Deficit financing, Fund facilities, Fund policies, General Resources Account, Poverty Reduction and Growth Trust, Use of Fund resources
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Policy Papers
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