{
  "title": "The Fund's Facilities and Financing Framework for Low-Income Countries",
  "publication": "Policy Papers, February 25, 2009",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/the-fund-s-facilities-and-financing-framework-for-low-income-countries-pp4319",
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  "summary": "This paper assesses the adequacy of the Fund’s facilities and financing framework for low-income countries (LICs) and proposes reform options. It is part of a broader review of all Fund financial instruments and is timely given the pressure the current global financial crisis is putting on LICs.",
  "sections": [
    {
      "heading": "Purpose and scope",
      "content": "- Assesses the adequacy of the Fund’s facilities and financing framework for low-income countries (LICs) and proposes reform options.\n- Part of a broader review of all Fund financial instruments.\n- Timely given the pressure the current global financial crisis is putting on LICs.\n- Builds on previous efforts, including creation of the Policy Support Instrument (PSI) and the recent modification of the Exogenous Shocks Facility (ESF)."
    },
    {
      "heading": "Main focus areas",
      "content": "- Provides the basis for the first stage of the LIC-specific review, with focus on:\n  - (i) gaps and overlaps in the facility architecture for LICs,\n  - (ii) design issues such as access, financing terms, and conditionality, and\n  - (iii) the concessional resource envelope and funding structure."
    },
    {
      "heading": "Outputs and related material",
      "content": "- Supplementary information: The Fund’s Facilities and Financing Framework for Low-Income Countries—Supplementary Information, March 13, 2009.\n- Publication date on landing page: February 25, 2009.\n- Citation metadata shown: The Fund's Facilities and Financing Framework for Low-Income Countries, (USA: International Monetary Fund, 0) accessed 9/17/2026."
    },
    {
      "heading": "Process and next steps",
      "content": "- Based on feedback from Executive Directors and further external consultation, more detailed reform proposals will be prepared in the second stage of the review."
    },
    {
      "heading": "Subject tags (as listed)",
      "content": "- Access limits\n- Access to Fund general resources\n- Conditionality\n- Emergency assistance\n- Exogenous Shocks Facility\n- Fund arrangements\n- Fund facilities\n- Low-income developing countries\n- Performance criteria\n- Poverty Reduction and Growth Facility\n\nSource: The Fund's Facilities and Financing Framework for Low-Income Countries (IMF landing page), February 25, 2009; supplementary information dated March 13, 2009.\n\n---\n\n Content in this bundle\n\n- The Fund’s Facilities and Financing Framework for Low-Income Countries; February 25, 2009\n  - The Fund’s Facilities and Financing Framework for Low-Income Countries; February 25, 2009 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - The Fund’s Facilities and Financing Framework for Low-Income Countries; February 25, 2009 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/the-fund-s-facilities-and-financing-framework-for-low-income-countries-pp4319"
    }
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    "Published: February 25, 2009",
    "Series: Policy Papers",
    "Assesses the adequacy of the Fund’s facilities and financing framework for low-income countries (LICs) and proposes reform options.",
    "Part of a broader review of all Fund financial instruments.",
    "Timely given the pressure the current global financial crisis is putting on LICs.",
    "Builds on previous efforts, including creation of the Policy Support Instrument (PSI) and the recent modification of the Exogenous Shocks Facility (ESF).",
    "Provides the basis for the first stage of the LIC-specific review, with focus on:",
    "Supplementary information: The Fund’s Facilities and Financing Framework for Low-Income Countries—Supplementary Information, March 13, 2009.",
    "Publication date on landing page: February 25, 2009.",
    "Citation metadata shown: The Fund's Facilities and Financing Framework for Low-Income Countries, (USA: International Monetary Fund, 0) accessed 9/17/2026.",
    "Based on feedback from Executive Directors and further external consultation, more detailed reform proposals will be prepared in the second stage of the review.",
    "Access limits",
    "Access to Fund general resources",
    "Conditionality",
    "Emergency assistance",
    "Exogenous Shocks Facility",
    "Fund arrangements",
    "Fund facilities",
    "Low-income developing countries",
    "Performance criteria",
    "Poverty Reduction and Growth Facility",
    "**The Fund’s Facilities and Financing Framework for Low-Income Countries; February 25, 2009**"
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