Eligibility to Use the Fund's Facilities for Concessional Financing, 2020
March 16, 2020
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This paper concludes that the existing framework remains broadly appropriate, but proposes methodological refinements to improve the assessment of market access, clarifies how serious short-term vulnerabilities are assessed, and proposes a modest extension of the transition period before graduation decisions become effective.
Subject: Bonds, Debt sustainability, External debt, Financial institutions, Financial markets, International capital markets, Loans, National accounts, Personal income
Keywords: Bonds, Debt sustainability, director, eligibility criteria, Global, International capital markets, Loans, market, market access, Personal income, PP, PRGT eligibility, PRGT eligibility framework, PRGT lending, PRGT objective
Pages:
49
Volume:
2020
DOI:
Issue:
016
Series:
Policy Paper No. 2020/016
Stock No:
PPEA2020016
ISBN:
9781513537047
ISSN:
2663-3493
