Republic of Poland: Review under the Flexible Credit Line Arrangement
Electronic Access:
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Summary:
On January 8, 2014, the Executive Board of the IMF completed its review of Poland’s qualification for the arrangement under the Flexible Credit Line (FCL) and reaffirmed Poland’s continued qualification to access FCL resources. The Polish authorities have indicated that they intend to continue treating the arrangement as precautionary. The IMF has supported the authorities’ policies with four successive FCL arrangements. The current two-year FCL arrangement for Poland was approved by the IMF’s Executive Board on January 18, 2013, in an amount of SDR 22 billion (about US$33.7 billion). Poland’s first FCL arrangement was approved May 6, 2009, for SDR 13.69 billion (about US$21 billion). Successor arrangements were approved in July 2010 and in January 2011.
Series:
Country Report No. 2014/008
Subject:
Commercial banks Expenditure External debt Financial institutions Loans Pension spending Public debt
English
Publication Date:
January 13, 2014
ISBN/ISSN:
9781484344415/1934-7685
Stock No:
1POLEA2014001
Pages:
44
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