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

Author: International Monetary Fund

This paper provides a semi-annual review of the status of financing for PRGF-ESF lending, subsidization of emergency assistance, and HIPC and MDRI debt relief.

Volume/Issue: Volume 2009 Issue 034

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Banks and Banking , Exports and Imports , Economics- Macroeconomics , PP , SDR equivalent , about SDR , subsidy resource , loan resource , PRGF-ESF reserve account , subsidization capacity , resource needs , Debt relief , Loans , Emergency assistance , Concessional external borrowing , Personal income , Global , Africa

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Summary

This paper provides a semi-annual review of the status of financing for PRGF-ESF lending, subsidization of emergency assistance, and HIPC and MDRI debt relief. The last review was completed by the Executive Board on September 24, 2008. The paper does not address the G-20’s recent call for additional concessional resources, which is discussed in a separate paper.