Catastrophe Containment and Relief Trust—Fourth Tranche of Debt Service Relief in The Context of The Covid-19 Pandemic and Approval of Additional Beneficiary Member Countries

International Monetary Fund

No 2021/063, IMF Policy Papers from International Monetary Fund

Abstract: The paper provides brief updates for each CCRT-eligible country on its policy responses to the pandemic and on staff’s assessments of these policies, the use of resources freed up by debt service relief, and the implementation of governance safeguards commitments. The paper also provides an update on the financial situation of the CCRT. The generous support from 17 donor countries and the EU has mobilized SDR 609 million in new pledges since the onset of the pandemic.

Keywords: debt service relief; CCRT country; fund engagement; CCRT debt relief; CCRT resource; Debt relief; Debt service; COVID-19; Balance of payments need; Global (search for similar items in EconPapers)
Pages: 132
Date: 2021-10-08
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