Strengthening the Fund's Ability to Assist Low-Income Countries Meet Balance of Payments Needs Arising from Sudden and Exogenous Shocks
June 10, 2005
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At the Executive Board discussion on the role of the Fund in low-income countries, Directors requested proposals to address the absence of concessional instruments other than the PRGF in the Fund's financial assistance to low-income members facing exogenous shocks. Against this background, this paper analyses the main issues in designing such a window within the PRGF Trust.
Subject: Balance of payments assistance, Low income developing countries, Poverty Reduction and Growth Facility, Poverty Reduction and Growth Facility Trust
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Policy Papers
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