Precautionary and Liquidity Line : Operational Guidance Note.

This note provides general guidance on the use of the Precautionary and Liquidity Line (PLL). After an overview of the instrument, explaining its specific nature, the operational issues are grouped into five areas: -- an outline of the process and specific steps that need to be followed if a member...

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Korporativní autor: International Monetary Fund. Strategy, Policy, and Review Department
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2018.
Edice:Policy Papers; Policy Paper ; No. 2018/041
Témata:
On-line přístup:Full text available on IMF
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490 1 |a Policy Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This note provides general guidance on the use of the Precautionary and Liquidity Line (PLL). After an overview of the instrument, explaining its specific nature, the operational issues are grouped into five areas: -- an outline of the process and specific steps that need to be followed if a member expresses interest in an arrangement; -- guidance on access, phasing, and purchases; -- guidance on determining qualification of a member and appropriate ex-post conditionality; and -- a guide to the semi-annual review process. The note is an aid to the implementation of the policy and its underlying principles. If there is any instance in which a provision of the guidance note or its implementation conflicts with Board policy, Board policy prevails. It will be revised as needed, for example following relevant policy reviews. 
538 |a Mode of access: Internet 
650 7 |a Arrangement  |2 imf 
650 7 |a PLL Arrangement  |2 imf 
650 7 |a PLL Decision  |2 imf 
650 7 |a PP  |2 imf 
650 7 |a Staff  |2 imf 
651 7 |a Poland, Republic of  |2 imf 
830 0 |a Policy Papers; Policy Paper ;  |v No. 2018/041 
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