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Multilateral Debt Relief Initiative G 8 Proposal And Its Implications For The Fund
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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 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.
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. 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.
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.
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 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.
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.
Book Synopsis Sovereign Debt Restructurings 1950-2010 by : Mr.Udaibir S. Das
Download or read book Sovereign Debt Restructurings 1950-2010 written by Mr.Udaibir S. Das and published by International Monetary Fund. This book was released on 2012-08-01 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first complete dataset of sovereign restructuring cases, covering the six decades from 1950–2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts, creditor participation, and legal aspects. In addition, the paper summarizes the relevant empirical literature, analyzes recent restructuring episodes, and discusses ongoing debates on crisis resolution mechanisms, credit default swaps, and the role of collective action clauses.
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.
Download or read book Sovereign Debt written by Mauro Megliani and published by Springer. This book was released on 2014-11-21 with total page 617 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a thorough legal analysis of sovereign indebtedness, examining four typologies of sovereign debt – bilateral debt, multilateral debt, syndicated debt and bonded debt – in relation to three crucial contexts: genesis, restructuring and litigation. Its treatise-style approach makes it possible to capture in a systematic manner a phenomenon characterized by high complexity and unclear boundaries. Though the analysis is mainly conducted on the basis of international law, the breadth of this topical subject has made it necessary to include other sources, such as private international law, domestic law and financial practice; moreover, references are made to international financial relations and international financial history so as to provide a more complete understanding. Although it follows the structure of a continental tractatus, the work strikes a balance between consideration of doctrinal and jurisprudential sources, making it a valuable reference work for scholars and practitioners alike.
Book Synopsis United States Code, 2006, Supplement 3, Volume 3, Title 22, Foreign Relations and Intercourse to Title 42, the Public Health and Welfare, Sections 1-5792a by :
Download or read book United States Code, 2006, Supplement 3, Volume 3, Title 22, Foreign Relations and Intercourse to Title 42, the Public Health and Welfare, Sections 1-5792a written by and published by Government Printing Office. This book was released on 2010-12-08 with total page 1608 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States Code, 2006 Edition, contains the General and Permanent Laws of the United States Enacted Through the 109th Congress (Ending January 3, 2007, the Last Law of Which was Signed on January 15, 2007).
Book Synopsis United States Code by : United States
Download or read book United States Code written by United States and published by . This book was released on 2013 with total page 1534 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The United States Code is the official codification of the general and permanent laws of the United States of America. The Code was first published in 1926, and a new edition of the code has been published every six years since 1934. The 2012 edition of the Code incorporates laws enacted through the One Hundred Twelfth Congress, Second Session, the last of which was signed by the President on January 15, 2013. It does not include laws of the One Hundred Thirteenth Congress, First Session, enacted between January 2, 2013, the date it convened, and January 15, 2013. By statutory authority this edition may be cited "U.S.C. 2012 ed." As adopted in 1926, the Code established prima facie the general and permanent laws of the United States. The underlying statutes reprinted in the Code remained in effect and controlled over the Code in case of any discrepancy. In 1947, Congress began enacting individual titles of the Code into positive law. When a title is enacted into positive law, the underlying statutes are repealed and the title then becomes legal evidence of the law. Currently, 26 of the 51 titles in the Code have been so enacted. These are identified in the table of titles near the beginning of each volume. The Law Revision Counsel of the House of Representatives continues to prepare legislation pursuant to 2 U.S.C. 285b to enact the remainder of the Code, on a title-by-title basis, into positive law. The 2012 edition of the Code was prepared and published under the supervision of Ralph V. Seep, Law Revision Counsel. Grateful acknowledgment is made of the contributions by all who helped in this work, particularly the staffs of the Office of the Law Revision Counsel and the Government Printing Office"--Preface.
Download or read book Congressional Record written by Congress and published by St. Martin's Press. This book was released on 2014-04-21 with total page 1414 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Congressional Record contains the proceedings and debates of each Congressional session in the House of Representatives and the Senate. Arranged in calendar order, each volume includes the exact text of everything that was said and includes members' remarks.
Book Synopsis Journal of the House of Representatives of the United States by : United States. Congress. House
Download or read book Journal of the House of Representatives of the United States written by United States. Congress. House and published by . This book was released on 2006 with total page 1568 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some vols. include supplemental journals of "such proceedings of the sessions, as, during the time they were depending, were ordered to be kept secret, and respecting which the injunction of secrecy was afterwards taken off by the order of the House".
Book Synopsis Congressional Record by : United States. Congress
Download or read book Congressional Record written by United States. Congress and published by . This book was released on 2009 with total page 1418 pages. Available in PDF, EPUB and Kindle. Book excerpt:
