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

International Monetary Fund

No 2023/024, IMF Policy Papers from International Monetary Fund

Abstract: 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.

Keywords: Concessional Financing; Interest Rate Structure; Low-Income Countries; Postponement; Poverty Reduction and Growth Trust; PRGT; 2024/25 Comprehensive PRGT Review; PRGT interest rate structure; PRGT interest rate mechanism; transparency policy; mechanism of the PRGT; PRGT interest rates; Poverty reduction strategy; SDR interest rate; Credit; Global (search for similar items in EconPapers)
Pages: 5
Date: 2023-06-14
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