## The Fund's Facilities and Financing Framework for Low-Income Countries

_Policy Papers, February 25, 2009_

## Source details

**Canonical URL:** [The Fund's Facilities and Financing Framework for Low-Income Countries](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/the-fund-s-facilities-and-financing-framework-for-low-income-countries-pp4319)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2016/12/31/the-fund-s-facilities-and-financing-framework-for-low-income-countries-pp4319/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/the-fund-s-facilities-and-financing-framework-for-low-income-countries-pp4319/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/the-fund-s-facilities-and-financing-framework-for-low-income-countries-pp4319/bundle-manifest.json)

## Bibliographic details
- Published: February 25, 2009
- Series: Policy Papers

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### Purpose and scope
- 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).

### Main focus areas
- Provides the basis for the first stage of the LIC-specific review, with focus on:
  - (i) gaps and overlaps in the facility architecture for LICs,
  - (ii) design issues such as access, financing terms, and conditionality, and
  - (iii) the concessional resource envelope and funding structure.

### Outputs and related material
- 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.

### Process and next steps
- Based on feedback from Executive Directors and further external consultation, more detailed reform proposals will be prepared in the second stage of the review.

### Subject tags (as listed)
- 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

*Source: The Fund's Facilities and Financing Framework for Low-Income Countries (IMF landing page), February 25, 2009; supplementary information dated March 13, 2009.*

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## Content in this bundle

- **The Fund’s Facilities and Financing Framework for Low-Income Countries; February 25, 2009**
  - [The Fund’s Facilities and Financing Framework for Low-Income Countries; February 25, 2009 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2009/_022509.pdf.md){rel="alternate" type="text/markdown"}
  - [The Fund’s Facilities and Financing Framework for Low-Income Countries; February 25, 2009 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2009/_022509.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/the-fund-s-facilities-and-financing-framework-for-low-income-countries-pp4319_