## 2014 Handbook of IMF Facilities for Low-Income Countries

_Policy Papers, August 28, 2014_

## Source details

**Canonical URL:** [2014 Handbook of IMF Facilities for Low-Income Countries](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/2014-handbook-of-imf-facilities-for-low-income-countries-pp4936)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2016/12/31/2014-handbook-of-imf-facilities-for-low-income-countries-pp4936/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/2014-handbook-of-imf-facilities-for-low-income-countries-pp4936/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/2014-handbook-of-imf-facilities-for-low-income-countries-pp4936/bundle-manifest.json)

## Bibliographic details
- Published: August 28, 2014
- Series: Policy Papers

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### Overview
- Updated version of a similarly titled document issued in May 2012 (IMF, 2012c).
- Provides guidance to staff on the financial facilities for low-income countries (LICs) that became effective in January 2010: ECF, SCF, and RCF, and the PSI.
- Incorporates modifications resulting from the Review of Facilities for Low-Income Countries (IMF, 2012e and 2013d) and the Review of Eligibility to Use the Fund’s Facilities for Concessional Financing (IMF, 2013c).
- Designed as a comprehensive reference tool for program work on low-income countries and refers, in summary form, to a range of relevant policies that apply more generally to IMF members.

### Key substantive points
- Facilities covered: Extended Credit Facility (ECF), Standby Credit Facility (SCF), Rapid Credit Facility (RCF), and the Policy Support Instrument (PSI).
- Review-based updates: The Handbook includes guidance modifications following two reviews:
  - Review of Facilities for Low-Income Countries (IMF, 2012e and 2013d).
  - Review of Eligibility to Use the Fund’s Facilities for Concessional Financing (IMF, 2013c).
- Legal authority: Relevant IMF Executive Board decisions, including the terms of the various LIC Trust Instruments adopted by the Board, remain the sole legal authority on the matters covered in the Handbook.

### Usage and audience
- Primary audience: IMF staff involved in program work on low-income countries.
- Purpose: Serve as a comprehensive reference tool on concessional financing facilities and related policy guidance.

### Publication and access metadata
- Publication date on landing page: August 28, 2014.
- eLibrary offering referenced: over 25,000 IMF publications in multiple formats.
- Citation format shown: Chicago — "2014 Handbook of IMF Facilities for Low-Income Countries, (USA: International Monetary Fund, 0) accessed 9/18/2026".
- Publication detail fields listed but not populated: Pages: ---, Volume: , DOI: , Issue: , Series: , Stock No: , ISBN: , ISSN: .

### Subjects and topical tags
- Concessional aid
- Conditionality
- Extended Credit Facility
- Fund facilities
- HIPC Initiative
- Low-income developing countries
- Multilateral debt relief initiative
- Policy Support Instrument
- Publications
- Rapid Credit Facility
- Staff-monitored programs
- Standby Credit Facility
- Use of Fund resources

*Source: 2014 Handbook of IMF Facilities for Low-Income Countries (IMF landing page).*

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/2014-handbook-of-imf-facilities-for-low-income-countries-pp4936_