2016 Handbook of IMF Facilities for Low-Income Countries
Policy Papers, February 23, 2016
Source details
- Canonical URL
- 2016 Handbook of IMF Facilities for Low-Income Countries
Other formats
Bibliographic details
- Published: February 23, 2016
- Series: Policy Papers
Overview
- Provides guidance to staff on the financial and non-financial facilities for low-income countries (LICs), defined as all countries eligible to obtain concessional financing from the Fund.
- Designed as a comprehensive reference tool for program work on LICs and refers, in summary form, to a range of relevant policies that apply more generally to IMF members.
- Publication date: February 23, 2016.
- eLibrary note: Our eLibrary offers over 25,000 IMF publications in multiple formats.
Updates incorporated since the February 2015 Handbook
- Incorporates modifications resulting from Board papers and related decisions since February 2015, including:
- Reform of the Fund policy on Poverty Reduction Strategy in Fund engagement with low-income countries.
- Financing for Development—Enhancing the Financial Safety net for Developing Countries.
- Proposal for Catastrophe Containment and Relief Trust.
- Review of Eligibility to Use the Fund’s Facilities for Concessional Financing.
- The 14th General Review of Quotas.
Purpose, scope, and audience
- Audience: IMF staff engaged in program work on LICs.
- Scope: Financial and non-financial facilities available to LICs and summary references to broader IMF policies relevant to members.
- Definition used: LICs are those eligible to obtain concessional financing from the Fund.
Legal authority and governance
- The 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.
Key subjects covered
- Catastrophe Containment and Relief Trust
- 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
Citation and access
- Preview citation (Chicago): 2016 Handbook of IMF Facilities for Low-Income Countries, (USA: International Monetary Fund, 0) accessed 9/18/2026
- Format available: Download PDF
Source: 2016 Handbook of IMF Facilities for Low-Income Countries (IMF web landing page, February 23, 2016).
Content in this bundle
- _022216a — Handbook of IMF Facilities for LICs