Temporary Extensions and Modifications Of Access Limits In The Fund’s Lending Facilities

March 25, 2021

Summary

The Fund introduced two main sets of temporary adjustments to its lending frameworks in the early months of the pandemic: (i) increases in the limits on access to its emergency financing instruments (April 2020) and (ii) increases in the annual limits on access to financing from both its general and concessional financing facilities (July 2020).

Subject: Concessional external borrowing, COVID-19, Credit, Debt sustainability, Emergency assistance, External debt, Foreign aid, Health, Monetary policy, Money, Political economy

Keywords: C. staff proposal, Concessional external borrowing, COVID-19, Credit, Debt sustainability, Emergency assistance, emergency financing instrument, fund arrangement, Low income countries, RCF request

Pages:
44
Volume:
2021
DOI:
https://doi.org/10.5089/9781513575032.007
Issue:
019
Series:
Policy Paper No. 2021/019
Stock No:
PPEA2021019
ISBN:
9781513575032
ISSN:
2663-3493

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