Policy Papers

Poverty Reduction and Growth Trust-Review of the Interest Rate Structure-Postponement

June 26, 2019

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Format: Chicago

International Monetary Fund. Finance Dept. "Poverty Reduction and Growth Trust-Review of the Interest Rate Structure-Postponement", Policy Papers 2019, 021 (2019), accessed November 19, 2024, https://doi.org/10.5089/9781498321365.007

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Summary

This paper proposes to postpone the deadline for the next interest rate review by six months in light of the timing of the second stage of the Low-Income Countries (LIC) Facilities Review, and to maintain the zero percent interest rates applicable to ECF, SCF and ESF balances for this period.

Subject: Credit, Loans

Keywords: Interest rate charge, Interest rate mechanism, Outstanding balance, PP, PRGT interest rate structure, Stand-By Credit Facility

Publication Details

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