Guidance For The Investment Of Temporary Resources To Generate Income To Contribute To PRG, PRG-HIPC, And CCR Trusts Assets

In July 2017, the Executive Board adopted a decision (hereinafter the ”Decision”) regarding the investment of resources provided to the Poverty Reduction and Growth Trust (“PRG Trust”) and other trusts on a temporary basis with the purpose of generating income for the operations of these trusts (“te...

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Bibliographic Details
Corporate Authors: International Monetary Fund Finance Dept, International Monetary Fund Legal Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2022
Series:Policy Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:In July 2017, the Executive Board adopted a decision (hereinafter the ”Decision”) regarding the investment of resources provided to the Poverty Reduction and Growth Trust (“PRG Trust”) and other trusts on a temporary basis with the purpose of generating income for the operations of these trusts (“temporary resources”). This paper proposes that the Decision be amended to clarify that those temporary resources invested under the third option for PRG Trust contributors will be centralized in the Deposit and Investment Account (DIA)
Physical Description:5 pages
ISBN:9798400223075