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

Download Review of Access Policy in the Credit Tranches, the Extended Fund Facility and the Poverty Reduction and Growth Facility, and Exceptional Access Policy PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 149833170X
Total Pages : 25 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Review of Access Policy in the Credit Tranches, the Extended Fund Facility and the Poverty Reduction and Growth Facility, and Exceptional Access Policy by : International Monetary Fund. Legal Dept.

Download or read book Review of Access Policy in the Credit Tranches, the Extended Fund Facility and the Poverty Reduction and Growth Facility, and Exceptional Access Policy written by International Monetary Fund. Legal Dept. and published by International Monetary Fund. This book was released on 2005-03-14 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Section I of this paper contains a discussion of the purpose of access rules, and Section II examines the Fund’s liquidity position. Section III discusses the potential demand for Fund resources resulting from several possible shocks. Section IV considers recent trends in access decisions and evaluates how they have conformed to the principles underlying the access rules, and whether the Fund’s liquidity would be a constraint to providing similar access in the period ahead. Section V summarizes recent developments in exceptional access and discusses issues pertinent to policy in such cases. Section VI concludes with the list of staff recommendations and the issues for discussion. Draft decisions on access to GRA and PRGF resources are provided in Section VII.

Review of Access Policy Under the Credit Tranches and the Extended Fund Facility

Download Review of Access Policy Under the Credit Tranches and the Extended Fund Facility PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 149832990X
Total Pages : 20 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Review of Access Policy Under the Credit Tranches and the Extended Fund Facility by : International Monetary Fund. Policy Development and Review Dept.

Download or read book Review of Access Policy Under the Credit Tranches and the Extended Fund Facility written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2003-01-14 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL

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

Download 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 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498334946
Total Pages : 25 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis 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 by : International Monetary Fund. Finance Dept.

Download or read book 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 written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2008-02-01 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Review of Access to Financing in the Credit Tranches and Under the Extended Fund Facility, and Overall Access Limits Under the General Resources Account

Download Review of Access to Financing in the Credit Tranches and Under the Extended Fund Facility, and Overall Access Limits Under the General Resources Account PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498334202
Total Pages : 16 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Review of Access to Financing in the Credit Tranches and Under the Extended Fund Facility, and Overall Access Limits Under the General Resources Account by : International Monetary Fund. Strategy, Policy, & Review Department

Download or read book Review of Access to Financing in the Credit Tranches and Under the Extended Fund Facility, and Overall Access Limits Under the General Resources Account written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2008-03-09 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Board completed its last review of access policy in February 2008 (2008 Access Policy Review). At that time, while some Directors saw the need for an increase in the limits on normal access to Fund resources, most Directors supported maintaining the access limits in the credit tranches and under the Extended Fund Facility (EFF) and the separate overall limits on access to resources in the General Resources Account (GRA) at the present level of 100 percent of quota on an annual basis and 300 percent on a cumulative basis. During the 2008 Spring Meetings, the International Monetary and Financial Committee (IMFC) encouraged the Executive Board to consider raising access limits. In doing so, the IMFC recognized that emerging market and developing countries are not immune to a broadening of the problems in financial markets and looked forward to reviewing progress at its next meeting. A fresh look at access limits is warranted in light of the broader review of the Fund’s lending framework which is underway, and to take account of the April 28, 2008 agreement on a second round of ad hoc quota increases under the quota and voice reform.

Review of Exceptional Access Policy

Download Review of Exceptional Access Policy PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498330398
Total Pages : 40 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Review of Exceptional Access Policy by : International Monetary Fund. Finance Dept.

Download or read book Review of Exceptional Access Policy written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2004-03-23 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL

International Monetary Fund Annual Report 2021

Download International Monetary Fund Annual Report 2021 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513568817
Total Pages : 74 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis International Monetary Fund Annual Report 2021 by : International Monetary Fund. Secretary's Department

Download or read book International Monetary Fund Annual Report 2021 written by International Monetary Fund. Secretary's Department and published by International Monetary Fund. This book was released on 2021-10-04 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.

Review of Access Limits and Surcharge Policies

Download Review of Access Limits and Surcharge Policies PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498346081
Total Pages : 112 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Review of Access Limits and Surcharge Policies by : International Monetary Fund. Finance Dept.

Download or read book Review of Access Limits and Surcharge Policies written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2016-01-20 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scope and strategy: This paper reviews access limits and surcharge policies in the Fund’s General Resources Account (GRA). It builds on the preliminary Executive Board discussion that took place in May 2014, against the backdrop of the 14th Review quotas expected to become effective early in 2016, which will on average double individual members’ quotas. At the meeting in 2014, most Directors considered that a moderate increase in normal access limits in SDR terms would broadly restore the normal Fund access to levels considered acceptable in 2009, and saw merit in adjusting the surcharge threshold to allow for a moderate increase in the SDR value of credit not subject to the charge.

The Fund’s Lending Framework and Sovereign Debt - Annexes

Download The Fund’s Lending Framework and Sovereign Debt - Annexes PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498343333
Total Pages : 112 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis The Fund’s Lending Framework and Sovereign Debt - Annexes by : International Monetary Fund

Download or read book The Fund’s Lending Framework and Sovereign Debt - Annexes written by International Monetary Fund and published by International Monetary Fund. This book was released on 2014-05-23 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL

Background Papers on The IMF and the Crises in Greece, Ireland, and Portugal

Download Background Papers on The IMF and the Crises in Greece, Ireland, and Portugal PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 148430666X
Total Pages : 474 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Background Papers on The IMF and the Crises in Greece, Ireland, and Portugal by : Moisés J. Schwartz

Download or read book Background Papers on The IMF and the Crises in Greece, Ireland, and Portugal written by Moisés J. Schwartz and published by International Monetary Fund. This book was released on 2017-06-30 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume book brings together nine background papers prepared for an evaluation by the IMF Independent Evaluation Office of “the IMF and the crises in Greece, Ireland, and Portugal.” It presents an authoritative work on the evolving relationship between the IMF and the euro area, a common currency area founded in 1999 consisting of advanced, highly integrated economies in Europe. The euro area, or any common currency area for that matter, has posed challenges to the IMF’s operational activities as its Articles of Agreement contain no provision for joint membership. The challenges became intense when a series of crises erupted in Greece, Ireland, and Portugal from 2009 to 2011, and the Fund was called upon to help intervene by offering its financing and crisis management expertise. The IMF found itself in uncharted territory where there was no precedent or established procedure. The chapters, many of which are prepared by prominent academics and former senior IMF officials who are thoroughly familiar with internal procedures, discuss various aspects of the IMF’s engagement with the euro area, including precrisis surveillance, how key decisions were made, how the IMF collaborated with European institutions, and how it designed and implemented its lending programs with the three crisis countries. The book gives prominence to governance-related issues, given the large voting share (of more than 20 percent) within the IMF of euro area members and the subsequent public perception that the IMF treated the euro area more favorably than it does developing and emerging market members. The approaches are both cross-cutting and country-based. Some chapters deal with issues related to the euro area as a whole, while others focus on how the Fund engaged with individual euro area countries. The book contains a statement on the IEO evaluation by the IMF Managing Director and a Summing Up of the Executive Board discussion held in July 2016.

You Never Give Me Your Money? Sovereign Debt Crises, Collective Action Problems, and IMF Lending

Download You Never Give Me Your Money? Sovereign Debt Crises, Collective Action Problems, and IMF Lending PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1475533829
Total Pages : 50 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!


Book Synopsis You Never Give Me Your Money? Sovereign Debt Crises, Collective Action Problems, and IMF Lending by : Mr.Marco Committeri

Download or read book You Never Give Me Your Money? Sovereign Debt Crises, Collective Action Problems, and IMF Lending written by Mr.Marco Committeri and published by International Monetary Fund. This book was released on 2013-01-22 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: We review the impact of the global financial crisis, and its spillovers into the sovereign sector of the euro area, on the international “rules of the game” for dealing with sovereign debt crises. These rules rest on two main pillars. The most important is the IMF’s lending framework (policies, financing facilities, and financial resources), which is designed to support macroeconomic adjustment packages based on the key notion of public debt sustainability. The complementary pillar is represented by such contractual provisions as Collective Action Clauses (CACs) in sovereign bonds, which aim to facilitate coordination among private creditors in order to contain the costs of a debt default or restructuring. We analyze the most significant changes (and their consequences) prompted by the recent crises to the Fund’s lending framework, not only in terms of additional financial resources, new financing facilities (including precautionary ones), and cooperation with euro-area institutions, but also as regards the criteria governing exceptional access to the Fund’s financial resources. We highlight a crucial innovation to these criteria, namely that, for the first time, they now explicitly take account of the risk of international systemic spillovers. Finally, we discuss how the recent crises have provided new political support for a broader dissemination of CACs in euro-area sovereign bonds. Importantly, in the first case involving an advanced economy, CACs were activated in the debt exchange undertaken by Greece in Spring 2012.

Access Policy in Capital Account Crises

Download Access Policy in Capital Account Crises PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498328415
Total Pages : 52 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Access Policy in Capital Account Crises by : International Monetary Fund. Policy Development and Review Dept.

Download or read book Access Policy in Capital Account Crises written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2002-07-29 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fund’s decisions to lend to member countries in amounts well above the access limits for Mexico (1995), and since then, have raised important questions about the role of the Fund in crisis resolution and the appropriate size of Fund access in capital account crises. This paper reviews past experience in exceptional access cases and considers strengthened conditions, procedures and safeguards for guiding decisions on Fund programs in these exceptional circumstances where Fund financing above normal access limits may be appropriate.

Selected Decisions and Selected Documents of the International Monetary Fund, 42nd Issue

Download Selected Decisions and Selected Documents of the International Monetary Fund, 42nd Issue PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1589068556
Total Pages : 962 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!


Book Synopsis Selected Decisions and Selected Documents of the International Monetary Fund, 42nd Issue by : International Monetary Fund. Legal Dept.

Download or read book Selected Decisions and Selected Documents of the International Monetary Fund, 42nd Issue written by International Monetary Fund. Legal Dept. and published by International Monetary Fund. This book was released on 2022-08-10 with total page 962 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume documents decisions, interpretations, and resolutions of the Executive Board and Board of Governors of the International Monetary Fund, as well as documents relating to the United Nations and other international organizations.

Report on Access to Fund Resources During 2005

Download Report on Access to Fund Resources During 2005 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 149833265X
Total Pages : 19 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Report on Access to Fund Resources During 2005 by : International Monetary Fund. Policy Development and Review Dept.

Download or read book Report on Access to Fund Resources During 2005 written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2006-04-20 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the context of a relatively benign international environment with limited balance of payments needs, recourse to Fund resources has declined across several dimensions: fewer GRA arrangements; lower outstanding Fund resources; and a smaller average access under new PRGF arrangements.

Romania

Download Romania PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 147551834X
Total Pages : 116 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!


Book Synopsis Romania by : International Monetary Fund. European Dept.

Download or read book Romania written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2013-10-04 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Romania’s Request for a Stand-By Arrangement (SBA). Since the 2008 global financial crisis, Romania has made significant progress in reducing macroeconomic imbalances and rebuilding fiscal and financial buffers. However, Romania remains vulnerable to external shocks, in particular uncertainties in the euro area as well as global volatility in capital flows to emerging markets. The new SBA would provide a valuable policy anchor and support Romania’s comprehensive economic program for 2013–2015 to maintain sound macroeconomic policies and financial sector stability and continue structural reforms to enhance growth prospects. The IMF staff supports the authorities’ request for a new SBA.

Annual Report of the Executive Directors for the Fiscal Year

Download Annual Report of the Executive Directors for the Fiscal Year PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 962 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis Annual Report of the Executive Directors for the Fiscal Year by : International Monetary Fund

Download or read book Annual Report of the Executive Directors for the Fiscal Year written by International Monetary Fund and published by . This book was released on 1980 with total page 962 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Ukraine

Download Ukraine PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 148434037X
Total Pages : 126 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Ukraine by : International Monetary Fund. European Dept.

Download or read book Ukraine written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2014-05-01 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Ukraine’s Request for a Stand-by Arrangement. Ukraine’s economy had been in recession since mid-2012. Inconsistent macroeconomic policies pursued in 2012–2013 aggravated deep-seated vulnerabilities and eventually generated a balance-of-payment crisis. Key objectives of the authorities’ program are to restore macroeconomic stability, strengthen economic governance and transparency, and lay the foundation for robust and balanced economic growth. To achieve these objectives, the government will implement immediate measures aimed at securing stability, combined with deeper reforms to achieve and sustain external sustainability, ensure financial stability, restore sound public finances, rationalize the energy sector, and improve the business environment.

Selected Decisions and Selected Documents of the International Monetary Fund, Thirty-Sixth Issue

Download Selected Decisions and Selected Documents of the International Monetary Fund, Thirty-Sixth Issue PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1475549717
Total Pages : 1074 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!


Book Synopsis Selected Decisions and Selected Documents of the International Monetary Fund, Thirty-Sixth Issue by : International Monetary Fund

Download or read book Selected Decisions and Selected Documents of the International Monetary Fund, Thirty-Sixth Issue written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-06-30 with total page 1074 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Thirty-Sixth Issue of Selected Decisions and Selected Documents of the International Monetary Fund includes decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the IMF, as well as selected documents relevant to the current activities of the Fund.