Catastrophe Containment and Relief Trust—Fifth Tranche of Debt Service Relief in The Context of The COVID-19 Pandemic

December 20, 2021

Preview Citation

Format: Chicago

Catastrophe Containment and Relief Trust—Fifth Tranche of Debt Service Relief in The Context of The COVID-19 Pandemic, (USA: International Monetary Fund, 2021) accessed November 5, 2024

Summary

The Executive Board approved a two-step approach consisting of (i) an immediate approval of the disbursement of a fourth tranche of debt service relief to all qualified beneficiary countries covering the period from October 16, 2021 through January 10, 2022, and (ii) consideration by January 2022 of a final tranche of CCRT debt service relief through April 13, 2022 based on a brief Board paper with an assessment of resources at that time. In accordance with the two-step approach, this paper provides a brief overview on recent developments in CCRT-eligible countries followed by an update on the CCRT’s funding status and resources assessment.

Subject: Asset and liability management, COVID-19, Debt relief, Debt service, External debt, Health, Monetary policy, Political economy

Keywords: CCRT, CCRT debt service relief, CCRT instrument, CCRT resource, COVID cash buffer, COVID-19, Debt relief, Debt service, Debt service relief, Global

Publication Details

Pages:

12
Volume:

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DOI:

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Issue:

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Series:

Policy Paper No. 2021/074
Stock No:

PPEA2021074
ISBN:

9781616358471
ISSN:

2663-3493

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