Selected Decisions and Selected Documents of the IMF, Thirty- Third Issue -- Poverty Reduction and Growth Facility Trust-Borrowing for Loan Account-Consultation with Creditors, 2001
Prepared by the Legal Department of the IMFAs updated with decisions adopted during the first quarter of 2009 (posted July 2009)
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| ARTICLE V, SECTION 2(b) | ||||
| Technical and Financial Services | ||||
| Financial Services | ||||
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POVERTY REDUCTION AND GROWTH FACILITY TRUST-BORROWING FOR LOAN ACCOUNT-CONSULTATION WITH CREDITORS, 2001 The Managing Director, after having consulted with all creditors in accordance with Decision No. 12032-(99/87) PRGF, adopted August 2, 1999, is authorized to confirm that he does not intend to propose to the Executive Board borrowing of more than SDR 16 billion for the Loan Account of the Poverty Reduction and Growth Facility Trust except after consultation with all creditors regarding the justification for such additional borrowing and the adequacy of the Trust's Reserve in relation thereto. (EBS/01/132, 8/8/01) Decision No. 12559-(01/85) PRGF, August 23, 2001, | ||||
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