Post Program Monitoring During The Pandemic: Proposal For Temporary Streamlining Of Procedures And Renaming Of The Policy
May 19, 2021
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The increase in Fund lending in the aftermath of the Covid-19 pandemic, including emergency financing, has led to a record number of requests for financing last year, and to an unprecedented amount of credit outstanding. This underscores the need for appropriate safeguards to the Fund’s balance sheet. Post Program Monitoring (PPM) is one such safeguard, which provides a framework for deeper and closer engagement with members that have substantial outstanding Fund credit but are not in a program relationship.
Subject: COVID-19, Credit, Emergency assistance, Financial statements, Fiscal policy, Foreign aid, Health, Macro-fiscal framework, Monetary policy, Money, Political economy, Public financial management (PFM)
Keywords: Africa, COVID-19, Credit, Emergency assistance, Financial statements, Macro-fiscal framework, PPM decision, PPM discussion, PPM framework, PPM policy, PPM report, PPM threshold
Pages:
17
Volume:
2021
DOI:
Issue:
026
Series:
Policy Paper No. 2021/026
Stock No:
PPEA2021026
ISBN:
9781484366080
ISSN:
2663-3493
