Eligibility to Use the Fund's Facilities for Concessional Financing for 2017
Source details
- Canonical URL
- Eligibility to Use the Fund's Facilities for Concessional Financing for 2017
Other formats
Bibliographic details
- Published: May 23, 2017
PRGT-eligibility framework
- Review frequency: biennially.
- Framework characteristics: transparent, rules-based, and parsimonious.
- Eligibility determinants: assessment of level of income per capita, market access, and serious short-term vulnerabilities.
- Application objective: consistent with the self-sustainability of the PRGT’s lending capacity over time.
Main conclusions
- The existing framework remains generally appropriate.
- The PRGT-eligibility framework is broadly aligned with the World Bank’s International Development Association practices, with minor differences explained by differences in mandates and timing of review cycles.
- None of the countries that have graduated from the PRGT-eligibility list are at immediate risk of re-entering it.
Graduation and entry assessment (2017 review)
- Proposal: keep the list of PRGT-eligible countries unchanged.
- Graduation: No country is proposed for graduation from the PRGT-eligibility list.
- Thirteen countries meet either the income or market access graduation criterion, but all are assessed to be facing serious short-term vulnerabilities and thus none are proposed for graduation.
- Entry: No non-PRGT-eligible country meets the criteria for entry onto the PRGT-eligibility list.
Consistency with PRGT lending capacity
- The proposal to keep the list unchanged is consistent with the self-sustained capacity of the PRGT.
Supplementary notes
- Publication date: May 23, 2017.
- Distribution channel reference: IMF eLibrary (the eLibrary offers over 25,000 IMF publications in multiple formats).
Eligibility to Use the Fund's Facilities for Concessional Financing for 2017, (USA: International Monetary Fund, ) accessed 9/19/2026
Content in this bundle
- Policy Paper