Update on the Financing of the Fund’s Concessional Assistance and Debt Relief to Low-Income Member Countries

September 20, 2013

Preview Citation

Format: Chicago

Update on the Financing of the Fund’s Concessional Assistance and Debt Relief to Low-Income Member Countries, (USA: International Monetary Fund, 0) accessed December 26, 2024

Summary

This paper reviews recent developments in financing of the Fund’s concessional lending and debt relief. It reports the latest available data including the pledges made thus far in response to the Managing Director’s fund-raising requests of August 2009 and February and November 2012 aimed at establishing a self-sustained PRGT. The PRGT’s potential self-sustained capacity is discussed in the context of longer-term projections of the demand for concessional lending.

Subject: Concessional aid, Debt relief, Executive Board decisions, Fund general resources, Lapse of time approval, Low-income developing countries, Poverty Reduction and Growth Trust, Subsidy accounts

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