## Eligibility to Use the Fund's Facilities for Concessinal Financing

_Policy Papers, March 18, 2013_

## Source details

**Canonical URL:** [Eligibility to Use the Fund's Facilities for Concessinal Financing](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/eligibility-to-use-the-fund-s-facilities-for-concessinal-financing-pp4754)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2016/12/31/eligibility-to-use-the-fund-s-facilities-for-concessinal-financing-pp4754/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/eligibility-to-use-the-fund-s-facilities-for-concessinal-financing-pp4754/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/eligibility-to-use-the-fund-s-facilities-for-concessinal-financing-pp4754/bundle-manifest.json)

## Bibliographic details
- Published: March 18, 2013
- Series: Policy Papers

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### Summary
- During the 2012 Review of Poverty Reduction and Growth Trust (PRGT) Eligibility, Executive Directors expressed a number of concerns about the eligibility framework.
- The Board decided to bring forward the next review of eligibility by one year, to early 2013, in light of these concerns.
- The review was asked to assess specific issues related to the GNI per capita criterion, the circumstances of small states, and the application of the short-term vulnerabilities criterion for graduation.

### Concerns Raised and Review Objectives
- Possible shortcomings of the gross national income (GNI) per capita criterion in the case of small states, and whether additional or alternative variables should be used to better capture members‘ circumstances, particularly those of small states.
- Further options to enhance the flexibility of the PRGT-eligibility framework to cover small and very small countries.
- The application of the short-term vulnerabilities criterion for graduation, which can lead to repeated non-graduation of members that meet either the income or the market access criteria for graduation.

### Subjects and Policy Areas Covered
- Access limits
- Access to Fund general resources
- Executive Board decisions
- Exogenous Shocks Facility
- Fund facilities
- Lapse of time approval
- Lapse of time consideration
- Low-income developing countries
- Overdue obligations
- Policy Support Instrument
- Poverty Reduction and Growth Trust

### Publication and Access Information
- Publication title: Eligibility to Use the Fund's Facilities for Concessinal Financing
- Date: March 18, 2013
- Format: Web landing page (PDF download available)
- Citation preview format: Eligibility to Use the Fund's Facilities for Concessinal Financing , (USA: International Monetary Fund, 0) accessed 9/18/2026

*Eligibility to Use the Fund's Facilities for Concessinal Financing, March 18, 2013.*

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## Content in this bundle

- **_031813a - Executive Summary**
  - [_031813a - Executive Summary (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2013/_031813a.pdf.md){rel="alternate" type="text/markdown"}
  - [_031813a - Executive Summary (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2013/_031813a.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/eligibility-to-use-the-fund-s-facilities-for-concessinal-financing-pp4754_