Policy Papers

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2004

October 7, 2004

PRGF-HIPC Trust Instrument--Amendments to Eligibility Criteria

Description: This paper proposes amendments to the PRGF--HIPC Trust Instrument1 to give effect to the conclusions reached by the Executive Board in September 2004.

September 30, 2004

Evaluation of the Pacific Financial Technical Assistance Centre

Description: This report presents the analysis, findings, conclusions and recommendations of the evaluation of the Pacific Financial Technical Assistance Center (PFTAC) that was undertaken between April 26 and May 14, 2004.

September 10, 2004

Debt Sustainability in Low-Income Countries - Further Considerations on an Operational Framework and Policy Implications

Description: This paper seeks to address queries on several operational issues: (i) the robustness of the indicative thresholds; (ii) modalities for implementing DSAs; and (iii) operational implications for the Fund, Bank, and other international financial institutions and creditors.

September 3, 2004

Crisis Prevention and Precautionary Arrangements - Status Report

Description: This paper provides a status report and proposes directions for future work. It begins with an outline of the broader context of crisis prevention and Fund policies. It notes the broad consensus among Directors on the nature of the problem and the areas of agreement on existing Fund policies. It then summarizes the main arguments for and against a policy on exceptional access under precautionary arrangements to help prevent crises.

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