{
  "title": "Eligibility to Use the Fund's Facilities for Concessional Financing for 2017",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2017/05/23/pp052317-eligibility-to-use-the-fund-facilities-for-concessional-financing-for-2017",
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  "summary": "The review of PRGT-eligibility, conducted biennially, is guided by a transparent, rules-based, and parsimonious framework.",
  "sections": [
    {
      "heading": "PRGT-eligibility framework",
      "content": "- Review frequency: biennially.\n- Framework characteristics: transparent, rules-based, and parsimonious.\n- Eligibility determinants: assessment of level of income per capita, market access, and serious short-term vulnerabilities.\n- Application objective: consistent with the self-sustainability of the PRGT’s lending capacity over time."
    },
    {
      "heading": "Main conclusions",
      "content": "- The existing framework remains generally appropriate.\n- The PRGT-eligibility framework is broadly aligned with the World Bank’s International Development Association practices, with minor differences explained by differences in mandates and timing of review cycles.\n- None of the countries that have graduated from the PRGT-eligibility list are at immediate risk of re-entering it."
    },
    {
      "heading": "Graduation and entry assessment (2017 review)",
      "content": "- Proposal: keep the list of PRGT-eligible countries unchanged.\n- Graduation: No country is proposed for graduation from the PRGT-eligibility list.\n  - Thirteen countries meet either the income or market access graduation criterion, but all are assessed to be facing serious short-term vulnerabilities and thus none are proposed for graduation.\n- Entry: No non-PRGT-eligible country meets the criteria for entry onto the PRGT-eligibility list."
    },
    {
      "heading": "Consistency with PRGT lending capacity",
      "content": "- The proposal to keep the list unchanged is consistent with the self-sustained capacity of the PRGT."
    },
    {
      "heading": "Supplementary notes",
      "content": "- Publication date: May 23, 2017.\n- Distribution channel reference: IMF eLibrary (the eLibrary offers over 25,000 IMF publications in multiple formats).\n\nEligibility to Use the Fund's Facilities for Concessional Financing for 2017, (USA: International Monetary Fund, ) accessed 9/19/2026\n\n---\n\n Content in this bundle\n\n- Policy Paper\n  - Policy Paper (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Policy Paper (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2017/05/23/pp052317-eligibility-to-use-the-fund-facilities-for-concessional-financing-for-2017"
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    "Published: May 23, 2017",
    "Review frequency: biennially.",
    "Framework characteristics: transparent, rules-based, and parsimonious.",
    "Eligibility determinants: assessment of level of income per capita, market access, and serious short-term vulnerabilities.",
    "Application objective: consistent with the self-sustainability of the PRGT’s lending capacity over time.",
    "The existing framework remains generally appropriate.",
    "The PRGT-eligibility framework is broadly aligned with the World Bank’s International Development Association practices, with minor differences explained by differences in mandates and timing of review cycles.",
    "None of the countries that have graduated from the PRGT-eligibility list are at immediate risk of re-entering it.",
    "Proposal: keep the list of PRGT-eligible countries unchanged.",
    "Graduation: No country is proposed for graduation from the PRGT-eligibility list.",
    "Entry: No non-PRGT-eligible country meets the criteria for entry onto the PRGT-eligibility list.",
    "The proposal to keep the list unchanged is consistent with the self-sustained capacity of the PRGT.",
    "Publication date: May 23, 2017.",
    "Distribution channel reference: IMF eLibrary (the eLibrary offers over 25,000 IMF publications in multiple formats).",
    "**Policy Paper**"
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