Eligibility to Use the Fund's Facilities for Concessinal Financing
March 18, 2013
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Summary
Possible shortcomings of the gross national income (GNI) per capita criterion in the case of small states, and whether additional or alternative variables should be used to better capture members‘ circumstances, particularly those of small states; as well as further options to enhance the flexibility of the PRGT-eligibility framework to cover small and very small countries;
The application of the short-term vulnerabilities criterion for graduation, which can lead to repeated non-graduation of members that meet either the income or the market access criteria for graduation.
Subject: Access limits, Access to Fund general resources, Executive Board decisions, Exogenous Shocks Facility, Fund facilities, Lapse of time approval, Lapse of time consideration, Low-income developing countries, Overdue obligations, Policy Support Instrument, Poverty Reduction and Growth Trust
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