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The G 8 Debt Cancellation Proposal And Its Implications For The Fund Further Considerations
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Author :International Monetary Fund. Policy Development and Review Dept. Publisher :International Monetary Fund ISBN 13 :1498331068 Total Pages :44 pages Book Rating :4.4/5 (983 download)
Book Synopsis The G-8 Debt Cancellation Proposal and Its Implications for the Fund - Further Considerations by : International Monetary Fund. Policy Development and Review Dept.
Download or read book The G-8 Debt Cancellation Proposal and Its Implications for the Fund - Further Considerations written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2005-09-19 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The G-8 has proposed that the Fund, the International Development Association, and the African Development Fund cancel 100 percent of their claims on countries having reached, or upon reaching, the completion point under the enhanced Heavily Indebt Poor Country (HIPC) Initiative. The proposal was initially presented to the G-8 Finance Ministers' Conclusions on Development issued on June 11, 2005, and reaffirmed in the statement on Africa signed by G-8 Heads of State and Government at the Gleneagles Summit on July 8, 2005.
Book Synopsis The G-8 Debt Cancellation Proposal and Its Implications for the Fund by : International Monetary Fund. Legal Dept.
Download or read book The G-8 Debt Cancellation Proposal and Its Implications for the Fund written by International Monetary Fund. Legal Dept. and published by International Monetary Fund. This book was released on 2005-07-20 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL
Book Synopsis The G-8 Debt Cancellation Proposal and Its Implications for the Fund by : Internationaler Währungsfonds
Download or read book The G-8 Debt Cancellation Proposal and Its Implications for the Fund written by Internationaler Währungsfonds and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The G-8 has proposed that the Fund, the International Development Association, and the African Development Fund cancel 100 percent of their claims on countries having reached, or upon reaching, the completion point under the enhanced Heavily Indebt Poor Country (HIPC) Initiative. The proposal was initially presented to the G-8 Finance Ministers' Conclusions on Development issued on June 11, 2005, and reaffirmed in the statement on Africa signed by G-8 Heads of State and Government at the Gleneagles Summit on July 8, 2005.
Book Synopsis The Multilateral Debt Relief Initiative (G-8 Proposal) and Its Implications for the Fund - Further Considerations - Supplemental Information by : International Monetary Fund. Finance Dept.
Download or read book The Multilateral Debt Relief Initiative (G-8 Proposal) and Its Implications for the Fund - Further Considerations - Supplemental Information written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2005-01-11 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Executive Board held an informal seminar on September 21, 2005 to discuss possible implementation modalities for the G-8 debt relief proposal. On September 24, 2005, the International Monetary and Financial Committee supported providing 100 percent cancellation of debt owed by HIPCs to the Fund, and considered that this would provide significant additional resources for countries’ efforts to reach the Millennium Development Goals and reinforce long-term debt sustainability.
Book Synopsis Multilateral Debt Relief Initiative (G-8 Proposal) and Its Implications for the Fund by :
Download or read book Multilateral Debt Relief Initiative (G-8 Proposal) and Its Implications for the Fund written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Multilateral Debt Relief Initiative (G-8 Proposal) and Its Implications for the Fund - Further Considerations - Supplement on Financing Arrangements by : International Monetary Fund. Finance Dept.
Download or read book The Multilateral Debt Relief Initiative (G-8 Proposal) and Its Implications for the Fund - Further Considerations - Supplement on Financing Arrangements written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2005-01-11 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: This supplement discusses the financial structure for the implementation of the G-8 debt relief proposal or Multilateral Debt Relief Initiative (MDRI). Implementation of the MDRI will require action by the Executive Board and by contributions to the Subsidy Account of the PRGF Trust. To be in a position to deliver debt relief under the MDRI by the beginning of 2006 will require the early adoption by the Board of a number of decisions. It will also require the timely consent by all contributors to the Subsidy Account of the PRGF Trust to an amendment of the PRGF Trust Instrument that would allow the transfer of a portion of their resources to a new administered account for use in providing MDRI debt relief to HIPCs with incomes above the MDRI threshold.
Book Synopsis Multilateral Debt Relief Initiative and Exogenous Shocks Facility - Proposed Decisions by : International Monetary Fund. Finance Dept.
Download or read book Multilateral Debt Relief Initiative and Exogenous Shocks Facility - Proposed Decisions written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2005-11-16 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper puts forward a package of proposed decisions to implement the Multilateral Debt Relief Initiative (“MDRI”) and establish the Exogenous Shocks Facility within the PRGF Trust; it also provides a Commentary on key aspects of the decisions. The proposed decisions generally reflect the overall structure and modalities that have been identified by the staff and endorsed by Executive Directors in the several meetings held to date concerning the G-8 debt relief proposal/MDRI and ESF.
Book Synopsis Proposal to Enhance Fund Support for Low-Income Countries Hit by Public Health Disasters by : International Monetary Fund
Download or read book Proposal to Enhance Fund Support for Low-Income Countries Hit by Public Health Disasters written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-01-31 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fund’s existing facilities for low-income countries (LICs) provide a vehicle for the speedy provision of financial assistance to member countries hit by natural disasters, either through the Rapid Credit Facility (RCF) or through augmentation of the funding already being provided through other facilities such as the Standby or Extended Credit Facilities. The quick disbursement of funds strengthens national financial capacity, including external payments capacity, to tackle relief and recovery challenges. To address catastrophic disasters, the Fund created a mechanism in 2010 to provide additional relief to its poorest and most vulnerable member countries to help meet their exceptional balance of payments needs. Under this mechanism, the Fund can provide grants from a trust fund—the Post Catastrophe Debt Relief (PCDR) trust—that are used to pay off debt service falling due to the Fund. These grants ease pressures on the member’s balance of payments and create financial space by reducing its debt service burden. This paper proposes reforms to this mechanism to cover situations where the member is experiencing an epidemic of an infectious disease that constitutes a significant threat to lives, economic activity, and international commerce across countries.
Author :International Monetary Fund. Policy Development and Review Dept. Publisher :International Monetary Fund ISBN 13 :1498334369 Total Pages :18 pages Book Rating :4.4/5 (983 download)
Book Synopsis Proposed Reforms to the Exogenous Shocks Facility by : International Monetary Fund. Policy Development and Review Dept.
Download or read book Proposed Reforms to the Exogenous Shocks Facility written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2008-07-25 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: The review of the ESF is being accelerated in light of experience and worsening global economic conditions, in particular the surge in food and fuel prices. Despite having become effective in 2006, the ESF has yet to be used. Recent discussions with creditors, donors, potential users, and outside observers have highlighted a number of ways to enhance its effectiveness.
Book Synopsis European Yearbook of International Economic Law 2012 by : Christoph Herrmann
Download or read book European Yearbook of International Economic Law 2012 written by Christoph Herrmann and published by Springer Science & Business Media. This book was released on 2011-12-20 with total page 721 pages. Available in PDF, EPUB and Kindle. Book excerpt: The third volume of the European Yearbook of International Economic law focuses on two major topics of current academic and political interest. Firstly, it adresses the 10th anniversary of China's accession to the WTO and its implications; secondly, it deals with different legal aspects of global energy markets.
Author :International Monetary Fund. Policy Development and Review Dept. Publisher :International Monetary Fund ISBN 13 :1498330770 Total Pages :15 pages Book Rating :4.4/5 (983 download)
Book Synopsis Multilateral Debt Relief Initiative - A First Assessment of Eligible Countries by : International Monetary Fund. Policy Development and Review Dept.
Download or read book Multilateral Debt Relief Initiative - A First Assessment of Eligible Countries written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2005-08-12 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper responds to the Board’s request for an assessment of eligible countries that could qualify for Fund debt relief under the MDRI once the requisite consents and requests have been received. Directors requested that, by end-2005, staff prepare, in collaboration with the World Bank, an assessment of the 18 post-completion point HIPCs, as well as eligible non-HIPCs, and propose for Board consideration a list of members that would qualify immediately for MDRI debt relief. Directors also requested that, for those members that do not presently meet the MDRI qualification criteria, remedial measures be expressly identified that would allow them to qualify for MDRI relief.
Author :International Monetary Fund. Policy Development and Review Dept. Publisher :International Monetary Fund ISBN 13 :1498332919 Total Pages :16 pages Book Rating :4.4/5 (983 download)
Book Synopsis The Multilateral Debt Relief Initiative - Progress Report on Implementation by : International Monetary Fund. Policy Development and Review Dept.
Download or read book The Multilateral Debt Relief Initiative - Progress Report on Implementation written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2006-03-20 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reports on the implementation of the MDRI since December 2005, in line with the request made by Directors that a progress report be presented to the Board before the 2006 Spring Meetings. Includes a focus on the implementation of the initiative in the Fund, and covers implementation in other multilateral institutions.
Author :International Monetary Fund. Strategy, Policy, & Review Department Publisher :International Monetary Fund ISBN 13 :1498334156 Total Pages :29 pages Book Rating :4.4/5 (983 download)
Book Synopsis Update on the Financing of the IMF's Concessional Assistance and Debt Relief to Low-Income Member Countries by : International Monetary Fund. Strategy, Policy, & Review Department
Download or read book Update on the Financing of the IMF's Concessional Assistance and Debt Relief to Low-Income Member Countries written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2008-09-16 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a semi-annual review of the status of financing for Poverty Reduction and Growth Facility-Exogenous Shocks Facility (PRGF-ESF) lending, subsidization of emergency assistance to PRGF-eligible countries, and Heavily Indebted Poor Countries (HIPC) and Multilateral Debt Relief Initiative (MDRI) debt relief. The last review was completed by the IMF Executive Board on April 21, 2008.
Author :International Monetary Fund. Middle East and Central Asia Dept. Publisher :International Monetary Fund ISBN 13 :1513509489 Total Pages :111 pages Book Rating :4.5/5 (135 download)
Book Synopsis Somalia by : International Monetary Fund. Middle East and Central Asia Dept.
Download or read book Somalia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2019-07-31 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Somalia’s 2019 Article IV Consultation, Second Review Under the Staff-Monitored Program (SMP), and Request for New SMP. Program implementation of SMP III has been strong, with all but one structural benchmark and all indicative targets met. The authorities have requested a new 15-month SMP to cement reforms and support reaching the Heavily Indebted Poor Country decision point as soon as the necessary conditions are met. The new national development plan will outline the authorities’ priorities with respect to poverty reduction and inclusive growth. The consultation focused on policies to support higher and more inclusive growth, strengthen the medium-term fiscal framework, deepen the financial sector, increase economic resilience, and improve governance and the business environment. Discussions highlighted the need to implement a durable fiscal federal framework, establish a robust framework for effective natural resource management, and develop the medium-term fiscal framework. However, security and political risks, and climate shocks remain the main sources of risk.
Book Synopsis Review of Financing of the Fund's Concessional Assistance and Debt Relief to Low-Income Member Countries by : International Monetary Fund. Finance Dept.
Download or read book Review of Financing of the Fund's Concessional Assistance and Debt Relief to Low-Income Member Countries written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2006-03-22 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Immediately following the effectiveness of the decisions on the Multilateral Debt Relief Initiative (MDRI) and the Exogenous Shocks Facility (ESF), debt relief totaling SDR 2.3 billion was delivered to 19 qualifying members, including 17 countries under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative and two non-HIPCs, on January 6, 2006, with financing from the HIPC Umbrella sub-accounts and the newly established MDRI Trusts.
Author :International Monetary Fund. Strategy, Policy, & Review Department Publisher :International Monetary Fund ISBN 13 :1498346049 Total Pages :24 pages Book Rating :4.4/5 (983 download)
Book Synopsis Evenhandedness of Fund Surveillance - Principles and Mechanism for Addressing Concerns by : International Monetary Fund. Strategy, Policy, & Review Department
Download or read book Evenhandedness of Fund Surveillance - Principles and Mechanism for Addressing Concerns written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2016-01-27 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evenhandedness of the Fund’s analysis and advice is critical to the effectiveness of its engagement with member countries. In this regard, both actual and perceived lack of evenhandedness can be detrimental to the Fund’s credibility and legitimacy. While perceptions of evenhandedness often reflect views about the full range of Fund activities, Fund surveillance is an important contributor to perceptions. Moreover, the consistency of the Fund’s analysis and advice will likely be scrutinized more closely in an interconnected world.
Book Synopsis Review of Low-Income Country Debt Sustainability Framework and Implications of the Multilateral Debt Relief Initiative (MDRI) by : International Monetary Fund
Download or read book Review of Low-Income Country Debt Sustainability Framework and Implications of the Multilateral Debt Relief Initiative (MDRI) written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-03-24 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the experience with the joint IMF-World Bank Debt Sustainability Framework for low-income countries, including cooperation between the staffs, and highlights the implications of the Multilateral Debt Relief Initiative.
