1 “... with the PMB is limited to three country cases over the past sixteen months. Further experience would be needed...”

2 “...A number of sovereign debt restructurings over the past three years faced significant delays...”

3 “... part of their past emergency financing. The temporarily higher cumulative access limits under the RCF...”

4 “.... Experience over the past 20 years has underscored the critical impact that governance issues can have...”