{
  "title": "Considerations for the Comprehensive Review of Access Limits",
  "publication": "Policy Papers, January 14, 2025",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2025/01/13/considerations-for-the-comprehensive-review-of-access-limits-560876",
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  "summary": "This paper provides background for an informal discussion to engage with Executive Directors, held on November 26, 2024, on the Comprehensive Review of GRA Access Limits. The General Resources Account (GRA) access limits are part of the Fund’s risk management framework.",
  "sections": [
    {
      "heading": "Background and purpose",
      "content": "- Paper provided background for an informal discussion to engage with Executive Directors, held on November 26, 2024, on the Comprehensive Review of GRA Access Limits.\n- The General Resources Account (GRA) access limits are part of the Fund’s risk management framework.\n- Access limits help maintain a balance between:\n  - (i) ensuring that members have confidence in the availability of Fund financing; and\n  - (ii) preserving liquidity and the revolving nature of the Fund’s resources."
    },
    {
      "heading": "Scope and subject areas",
      "content": "- Subject areas listed in the document:\n  - Asset and liability management\n  - COVID-19\n  - Credit\n  - Credit risk\n  - Environment\n  - Financial regulation and supervision\n  - Health\n  - Liquidity\n  - Money\n- Keywords provided:\n  - COVID-19\n  - Credit\n  - Credit risk\n  - enterprise risk consideration\n  - financing needs\n  - Global\n  - GRA lending commitment\n  - Liquidity\n  - managing transition\n  - risk management framework\n  - risk tolerance\n  - transparency policy"
    },
    {
      "heading": "Context of use and audience",
      "content": "- Intended as background material to support informal engagement with Executive Directors on the Comprehensive Review of GRA Access Limits.\n- Relevant for policymakers and staff concerned with the Fund’s risk management framework, liquidity, and GRA lending commitments.\n\nInternational Monetary Fund. Strategy, Policy, & Review Department; International Monetary Fund. Finance Dept.; International Monetary Fund. Legal Dept., \"Considerations for the Comprehensive Review of Access Limits\", Policy Papers 2025, 001 (2025).\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/2025/01/13/considerations-for-the-comprehensive-review-of-access-limits-560876"
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    "Published: January 14, 2025",
    "Series: Policy Papers",
    "DOI: https://doi.org/10.5089/9798400298356.007",
    "Paper provided background for an informal discussion to engage with Executive Directors, held on November 26, 2024, on the Comprehensive Review of GRA Access Limits.",
    "The General Resources Account (GRA) access limits are part of the Fund’s risk management framework.",
    "Access limits help maintain a balance between:",
    "Subject areas listed in the document:",
    "Keywords provided:",
    "Intended as background material to support informal engagement with Executive Directors on the Comprehensive Review of GRA Access Limits.",
    "Relevant for policymakers and staff concerned with the Fund’s risk management framework, liquidity, and GRA lending commitments.",
    "**Policy Paper**"
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