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Poverty Reduction and Growth Trust—Review of Interest Rate Structure—Postponement

This paper proposes to postpone the next review of the PRGT interest rate structure to end-July 2025, given the desirability to consider all policies regarding low-income country facilities—including those related to PRGT interest rates—at once in the context of 2024/25 Review of the Fund’s Concessi...

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Bibliographic Details
Corporate Authors: International Monetary Fund Finance Dept, International Monetary Fund Strategy, Policy, & Review Department
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2023
Series:Policy Papers
Subjects:
Provision And Effects Of Welfare Program
Interest Rates
Economics
Credit
Finance
Political Economy
Monetary Economics
Financial Services
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Social Welfare & Social Services
Social Services And Welfare
Money
Poverty Reduction Strategy
Sdr Interest Rate
Banks And Banking
Poverty
Monetary Policy
Interest Rates: Determination, Term Structure, And Effects
Money And Monetary Policy
Government Policy
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper proposes to postpone the next review of the PRGT interest rate structure to end-July 2025, given the desirability to consider all policies regarding low-income country facilities—including those related to PRGT interest rates—at once in the context of 2024/25 Review of the Fund’s Concessional Facilities and Financing. As a result of this postponement, the interest rates on all PRGT credit would be kept at zero until the completion of the next review
Physical Description:5 pages
ISBN:9798400244926

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