The Fund’s Mandate - The Future Financing Role - Reform Proposals
June 29, 2010
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Summary
This paper proposes specific reforms of crisis prevention instruments, and separately presents further considerations for strengthening the IMF’s toolkit for dealing with systemic crises. The proposals, which have benefited from feedback from policymakers and other stakeholders, build on last year’s major overhaul of the IMF lending toolkit and the reform options considered earlier this year by the IMF Executive Board in the context of a broader review of the institution’s mandate.
Subject: Borrowing by Fund, Concessional aid, Crisis prevention, Financial safety nets, Financial stability, Flexible Credit Line, Forward commitment capacity, Fund general resources, Fund role, International financial system, New Arrangements to Borrow, Precautionary Credit Line
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Policy Papers
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