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| ARTICLE V, SECTION 3(a), (b), AND (C) | ||||
| Use of Fund Resources | ||||
| Access Policy | ||||
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2024 Comprehensive Review of General Resources Account Access Limits—Adjustment of Resilience and Sustainability Trust Quota-Based Limits, Caps, and Norms Upon Satisfaction of General Conditions for Effectiveness of Quota Increases Under the 16th General Review of Quotas 1. The percentage of quota specified in Section II, paragraphs 1(b)(8) and 1(b)(9)(iii), of the Instrument to Establish the Resilience and Sustainability Trust (attached to Decision No. 17231-(22/37), adopted April 13, 2022, as amended), with regard to limit on the phasing of disbursements made available at a single review under a Resilience and Sustainability Facility arrangement, shall be changed from 50 percent to 35 percent of quota. 2. The percentage of quota specified in Section II, paragraph 2(a) of the Instrument to Establish the Resilience and Sustainability Trust and referenced in SU/22/56 of April 13, 2022, with regard to the cap on overall access to the resources of the Resilience and Sustainability Trust shall be changed from 150 percent to 100 percent of quota. 3. The percentage of quota referred to SU/22/56 and SU/24/71, with regard to the access norm for RSF arrangements, shall be changed from 75 percent to 50 percent of quota. 4. Paragraphs 1 to 3 of this decision will become effective when the Executive Board determines that the general conditions for the effectiveness of quota increases under the Sixteenth General Review of Quotas specified in paragraph 3 of the Board of Governors Resolution No. 79-1 (December 15, 2023) have been met and will apply to (i) new RSF arrangements and (ii) new augmentations of access under existing RSF arrangements, that are approved following the above-mentioned Executive Board determination. (SM/24/293, Sup. 3, 12/16/24) Decision No. 17888-(24/119), December 17, 2024 | ||||
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Prepared by the Legal Department of the IMF
Note
- Page number references in the text are to the Forty-Fourth issue hard copy volume.




