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220928 ||| eng |
| 020 |
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|a 9781498321556
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| 245 |
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|a Poverty Reduction and Growth Trust-Review of Interest Rate Structure
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2019
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| 300 |
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|a 15 pages
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| 651 |
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4 |
|a Kyrgyz Republic
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| 653 |
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|a Depository Institutions
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| 653 |
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|a Provision and Effects of Welfare Program
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| 653 |
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|a Interest rates
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| 653 |
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|a Credit
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| 653 |
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|a Banks
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| 653 |
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|a Finance
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| 653 |
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|a Industries: Financial Services
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| 653 |
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|a Monetary economics
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| 653 |
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|a Financial institutions
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| 653 |
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|a Financial services
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| 653 |
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|a Monetary Policy, Central Banking, and the Supply of Money and Credit: General
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| 653 |
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|a Micro Finance Institutions
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| 653 |
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|a Mortgages
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| 653 |
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|a Social welfare & social services
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| 653 |
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|a Social Services and Welfare
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| 653 |
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|a Money
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| 653 |
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|a Poverty reduction strategy
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| 653 |
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|a Loans
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| 653 |
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|a Sdr interest rate
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Poverty
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| 653 |
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|a Interest Rates: Determination, Term Structure, and Effects
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| 653 |
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|a Money and Monetary Policy
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| 653 |
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|a Government Policy
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| 653 |
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|a Credit ratings
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| 710 |
2 |
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|a International Monetary Fund
|b Finance Dept
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| 710 |
2 |
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|a International Monetary Fund
|b Strategy, Policy, &
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| 710 |
2 |
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|a Review Department
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a Policy Papers
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| 028 |
5 |
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|a 10.5089/9781498321556.007
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| 856 |
4 |
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|u https://elibrary.imf.org/view/journals/007/2019/023/007.2019.issue-023-en.xml?cid=47035-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a This paper reviews the Poverty Reduction and Growth Trust (PRGT) interest rate structure for the period July 2019–June 2021. Since the interest rate mechanism was first established in 2009, no interest has been charged on PRGT credit. In line with the package of reforms proposed in the parallel Review of LIC Facilities, this paper proposes to align interest rates on the SCF with those on the ECF. Based on the average SDR rate over the most recently observed 12-month period, the proposed revised interest rate mechanism would result in zero interest rates on both ECF and SCF credit for the period July 2019–June 2021
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