Temporary Extensions and Modifications Of Access Limits In The Fund’s Lending Facilities

Policy Papers, March 25, 2021

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Canonical URL: Temporary Extensions and Modifications Of Access Limits In The Fund’s Lending Facilities

The Fund introduced two main sets of temporary adjustments to its lending frameworks in the early months of the pandemic:
- (i) increases in the limits on access to its emergency financing instruments (April 2020)
- (ii) increases in the annual limits on access to financing from both its general and concessional financing facilities (July 2020)

Emergency financing instruments: limits on access were increased in April 2020.
Annual access limits: increases applied to both general and concessional financing facilities in July 2020.
Subject areas covered (as listed): Concessional external borrowing, COVID-19, Credit, Debt sustainability, Emergency assistance, External debt, Foreign aid, Health, Monetary policy, Money, Political economy
Keywords (as listed): C. staff proposal, Concessional external borrowing, COVID-19, Credit, Debt sustainability, Emergency assistance, emergency financing instrument, fund arrangement, Low income countries, RCF request