Selected Decisions and Selected Documents of the IMF, Thirty- Ninth Issue -- Poverty Reduction and Growth Trust—Interest Rates for Loans Under the Extended Credit Facility and the Standby Credit Facility

Prepared by the Legal Department of the IMF
As updated as of March 31, 2017

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ARTICLE V, SECTION 2(b)
Technical and Financial Services
Financial Services
Poverty Reduction and Growth Trust

POVERTY REDUCTION AND GROWTH TRUST—INTEREST RATES FOR LOANS UNDER THE EXTENDED CREDIT FACILITY AND THE STANDBY CREDIT FACILITY

In accordance with Section II, paragraph 4(b)(i) of the Instrument to Establish the Poverty Reduction and Growth Trust, annexed to Decision No. 8759-(87/176) ESAF, adopted December 18, 1987, as amended, the Fund, as the Trustee of the Poverty Reduction and Growth Trust (“Trust”), decides that, for the period from January 1, 2017 through December 31, 2018, the interest rate on the outstanding balance of Trust loans shall be charged at the rate of zero percent per annum for loans under the Extended Credit Facility and the Standby Credit Facility. (SM/16/246, 08/24/16)

Decision No. 16060-(16/91),

October 3, 2016

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