Catastrophe Containment and Relief Trust—Fifth Tranche of Debt Service Relief in The Context of The COVID-19 Pandemic
December 20, 2021
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The Executive Board approved a two-step approach consisting of (i) an immediate approval of the disbursement of a fourth tranche of debt service relief to all qualified beneficiary countries covering the period from October 16, 2021 through January 10, 2022, and (ii) consideration by January 2022 of a final tranche of CCRT debt service relief through April 13, 2022 based on a brief Board paper with an assessment of resources at that time. In accordance with the two-step approach, this paper provides a brief overview on recent developments in CCRT-eligible countries followed by an update on the CCRT’s funding status and resources assessment.
Subject: Asset and liability management, COVID-19, Debt relief, Debt service, External debt, Health, Monetary policy, Political economy
Keywords: CCRT, CCRT debt service relief, CCRT instrument, CCRT resource, COVID cash buffer, COVID-19, Debt relief, Debt service, debt service relief, Global
Pages:
12
Volume:
2021
DOI:
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Issue:
074
Series:
Policy Paper No. 2021/074
Stock No:
PPEA2021074
ISBN:
9781616358471
ISSN:
2663-3493
