Strengthening the Fund's Ability to Assist Low-Income Countries Meet Balance of Payments Needs Arising from Sudden and Exogenous Shocks

Prepared by the Policy Development and Review Department

June 10, 2005

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Contents

1. Introduction
2. PRGF Window for Balance of Payments Needs Arising From Sudden and Exogenous Shocks
   1. Purpose and Basic Structure
   2. Qualification
   3. Access Guidelines
   4. Conditionality
   5. Modalities
   6. Staff Resource Implications
   7. Amending the PRGF Trust Instrument
3. Conclusions
4. Issues for Discussion