Review of PRGF-HIPC Financing, the Adequacy of the Reserve Account of the PRGF Trust, and Subsidization of Emergency Assistance

Review of PRGF-HIPC Financing, the Adequacy of the Reserve Account of the PRGF Trust, and Subsidization of Emergency Assistance
Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
Total Pages: 14
Release: 2005-08-09
Genre: Business & Economics
ISBN: 1498331122

Provides the basis for the semi-annual decision on the adequacy of the Reserve Account of the PRGF Trust. It also updates the status of resources for financing PRGF operations and the HIPC Initiative and bilateral contributions to the subsidization of emergency assistance.

Review of Financing of the Fund's Concessional Assistance and Debt Relief to Low-Income Member Countries

Review of Financing of the Fund's Concessional Assistance and Debt Relief to Low-Income Member Countries
Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
Total Pages: 29
Release: 2006-03-22
Genre: Business & Economics
ISBN: 1498332870

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.

Review of PRGF-HIPC Financing, the Adequacy of the Reserve Account of the PRGF Trust, and Subsidization of Emergency Assistance

Review of PRGF-HIPC Financing, the Adequacy of the Reserve Account of the PRGF Trust, and Subsidization of Emergency Assistance
Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
Total Pages: 14
Release: 2005-03-23
Genre: Business & Economics
ISBN: 1498331696

This paper focuses on immediate PRGF and HIPC financing issues and does not discuss projections of the demand for, and supply of, resources for financing PRGF operations over the medium term. The latter issue will need to be revisited in the light of discussions on proposals for further debt relief and the Fund’s future financial role in low-income countries.

International Monetary Fund Annual Report 2001

International Monetary Fund Annual Report 2001
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 258
Release: 2001-09-17
Genre: Business & Economics
ISBN: 9781589060623

This 2001 Annual Report reviews economic developments in the world during FY2000. Output growth in emerging Asia picked up in 2000 as this region continued its recovery from the 1997–98 crisis. The pace of economic expansion, however, slowed from mid-2000, largely as a result of the U.S. slowdown, higher oil prices, a decline in regional equity markets, and, in some countries, concerns about delays of corporate and financial restructuring and a decline in electronics exports. The financial year 2001 saw the IMF actively engaged in the process of reform.

International Monetary Fund Annual Report 2002

International Monetary Fund Annual Report 2002
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 238
Release: 2002-10-21
Genre: Political Science
ISBN: 9781589061620

This 2002 Annual Report describes world economic and financial developments in FY2002. During FY2002, the IMF faced important new challenges in an unusually unsettled world environment. After a period of strong expansion, the global economy experienced a widespread slowdown during the 2001 calendar year. By early 2002, however, thanks in large part to actions taken by key central banks to lower interest rates, there were encouraging signs that growth was recovering, although serious concerns remained in a number of countries.