## Considerations for the Comprehensive Review of Access Limits

_Policy Papers, January 14, 2025_

## Source details

**Canonical URL:** [Considerations for the Comprehensive Review of Access Limits](https://www.imf.org/en/publications/policy-papers/issues/2025/01/13/considerations-for-the-comprehensive-review-of-access-limits-560876)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2025/01/13/considerations-for-the-comprehensive-review-of-access-limits-560876/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2025/01/13/considerations-for-the-comprehensive-review-of-access-limits-560876/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2025/01/13/considerations-for-the-comprehensive-review-of-access-limits-560876/bundle-manifest.json)

## Bibliographic details
- Published: January 14, 2025
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9798400298356.007

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### Background and purpose
- 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:
  - (i) ensuring that members have confidence in the availability of Fund financing; and
  - (ii) preserving liquidity and the revolving nature of the Fund’s resources.

### Scope and subject areas
- Subject areas listed in the document:
  - Asset and liability management
  - COVID-19
  - Credit
  - Credit risk
  - Environment
  - Financial regulation and supervision
  - Health
  - Liquidity
  - Money
- Keywords provided:
  - COVID-19
  - Credit
  - Credit risk
  - enterprise risk consideration
  - financing needs
  - Global
  - GRA lending commitment
  - Liquidity
  - managing transition
  - risk management framework
  - risk tolerance
  - transparency policy

### Context of use and audience
- 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.

*International 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).*

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## Content in this bundle

- **Policy Paper**
  - [Policy Paper (Markdown version)](/-/media/files/publications/pp/2025/english/ppea2025001.pdf.md){rel="alternate" type="text/markdown"}
  - [Policy Paper (PDF)](/-/media/files/publications/pp/2025/english/ppea2025001.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2025/01/13/considerations-for-the-comprehensive-review-of-access-limits-560876_