Review of Access Policy in the Credit Tranches and Under the Extended Fund Facility and the Poverty Reduction and Growth Facility, and Exceptional Access Policy

Review of Access Policy in the Credit Tranches and Under the Extended Fund Facility and the Poverty Reduction and Growth Facility, and Exceptional Access Policy
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Volume/Issue: Volume 2008 Issue 009
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Exports and Imports , Finance , Money and Monetary Policy , PP , fund resource , access policy , fund access , fund financing , fund policy , fund program , fund arrangement , fund engagement , Fund credit , undrawn funds , financing toolkit , concessional operation , Credit , Capital account crisis , Capital account , Liquidity , Emerging and frontier financial markets , Global

Summary

This paper reviews the Fund’s access policy under its main financing facilities in the General Resources Account (GRA) and under the Poverty Reduction and Growth Facility (PRGF). It responds to the Board’s request for a periodic review of the access policy, that is, the rules and practices that govern the amount of financing the Fund makes available to its members.