Review of PRGF-HIPC Financing, the Adequacy of the Reserve Account of the PRGF Trust, and Subsidization of Emergency Assistance -- March 23, 2005

The Poverty Reduction and Growth Facility (PRGF) -- A Factsheet

Debt Relief Under the Heavily Indebted Poor Countries (HIPC) Initiative -- A Factsheet

IMF Emergency Assistance: Supporting Recovery from Natural Disasters and Armed Conflicts -- A Factsheet

Review of PRGF-HIPC Financing and the Adequacy of the Reserve Account of the PRGF Trust
August 31, 2004

Review of PRGF-HIPC Financing, the Adequacy of the Reserve Account of the PRGF Trust, and Subsidization of Emergency Assistance

Prepared by the Finance Department

(In consultation with the Legal and Policy Development and Review Departments)

Approved by Michael G. Kuhn

The Proposed Decision in this document has been approved by the Executive Board of the International Monetary Fund.

March 23, 2005

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Contents

I.	Introduction

II.	Reserve Account of the PRGF Trust

III.	Status of PRGF-HIPC Financing

IV.	Subsidization of Emergency Assistance

V.	Proposed Decision on the Adequacy of the Reserve Account