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220928 ||| eng |
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|a 9781513587400
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| 245 |
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|a Temporary Modifications To Access Limits Under The Large Natural Disaster Window Of The Rapid Credit Facility And Of The Rapid Financing Instrument
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2021
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| 300 |
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|a 13 pages
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| 651 |
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4 |
|a Chad
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| 653 |
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|a COVID-19
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| 653 |
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|a Emergency assistance
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| 653 |
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|a Health
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| 653 |
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|a Economics
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| 653 |
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|a Credit
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| 653 |
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|a Infectious & contagious diseases
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| 653 |
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|a Short-term Capital Movements
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| 653 |
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|a Natural Disasters and Their Management
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| 653 |
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|a Political Economy
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| 653 |
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|a Monetary economics
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| 653 |
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|a Natural Disasters
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| 653 |
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|a Environment
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| 653 |
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|a Current Account Adjustment
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| 653 |
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|a Climate
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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 Balance of payments
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| 653 |
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|a Balance of payments need
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| 653 |
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|a Exports and Imports
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| 653 |
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|a International economics
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| 653 |
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|a Political economy
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| 653 |
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|a Health Behavior
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| 653 |
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|a Money
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| 653 |
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|a Economic assistance
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| 653 |
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|a Global Warming
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| 653 |
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|a Foreign Aid
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| 653 |
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|a Foreign aid
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| 653 |
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|a Monetary policy
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| 653 |
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|a Natural disasters
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| 653 |
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|a Diseases: Contagious
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| 653 |
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|a Communicable diseases
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| 653 |
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|a Monetary Policy
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| 653 |
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|a Money and Monetary Policy
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| 710 |
2 |
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|a International Monetary Fund
|b Strategy, Policy, & Review Department
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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 Legal Dept
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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 |
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0 |
|a 10.5089/9781513587400.007
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| 856 |
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|u https://elibrary.imf.org/view/journals/007/2021/044/007.2021.issue-044-en.xml?cid=461093-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 To help support members faced with the COVID-19 pandemic, the Fund temporarily increased certain access limits to its emergency financing (EF) instruments, i.e., Rapid Credit Facility (RCF) and Rapid Financing Instrument (RFI). While this expanded support has been critical to help countries manage the pandemic, the increase in access limits was not applied to the Large Natural Disasters (LND) windows within the EF toolkit, reducing the flexibility to respond to such LNDs. This paper proposes to temporarily increase by 50 percent of quota the annual access limit (AAL) and cumulative access limit (CAL) under the LND windows of the RCF and RFI. The changes to the “LND windows” would be in effect through end-December 2021, in line with the other temporary changes of access limits under EF instruments. The case for further extensions to all the temporarily increased EF AALs and CALs will be examined after the 2021 Annual Meetings
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