Poverty Reduction and Growth Trust - Borrowing Agreement with the Bank of Italy
Poverty Reduction and Growth Trust - Borrowing Agreement with the Bank of Italy
READ MORE...
Volume/Issue:
Volume 2011
Issue 016
Publication date:
ISBN:
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
Topics covered in this book
This title contains information about the following subjects.
Click on a subject if you would like to see other titles with the same subjects.
Banks and Banking , Public Policy - Social Services and Welfare , PP , agreement , SDR , fund , borrowing agreement , trustee , business day , Extended Credit Facility loan account , loan accounts of the Trust , mutual agreement , Loans , Poverty reduction strategy
Summary
On April 18, 2011, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT), entered into a borrowing agreement (the “Agreement”) with the Bank of Italy, by which Italy will provide new loan resources of up to SDR 800 million (see attachment). With this Agreement, the Fund has concluded eleven new borrowing agreements providing total resources of SDR 8,461 million in the context of the current fund-raising effort, which supports the reform of the Fund’s lending facilities for low-income countries that became effective on January 7, 2010.
Copyright © 2010 - 2026
Powered by:
AIDC
