Conditionality in Fund-Supported Programs-Purposes, Modalities, and Options for Reform.

This paper takes a fresh look at the purpose and modalities of conditionality for the use of the Fund's resources. It is part of a broader review of Fund lending facilities that includes access levels, charges and maturities, the analytical basis for Fund lending, and facilities for low income...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:Policy Papers; Policy Paper ; No. 2009/005
Subjects:
Online Access:Full text available on IMF
Description
Summary:This paper takes a fresh look at the purpose and modalities of conditionality for the use of the Fund's resources. It is part of a broader review of Fund lending facilities that includes access levels, charges and maturities, the analytical basis for Fund lending, and facilities for low income countries. It aims to explore options for more flexible approaches that would be responsive to the changing needs and circumstances of the Fund's members while providing adequate safeguards for Fund resources. While these options have been developed with General Resources Account (GRA) facilities in mind as a complement to the companion paper on the analytical framework, they could apply, as appropriate, to facilities and instruments used by low income members.
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Physical Description:1 online resource (24 pages)
Format:Mode of access: Internet
ISSN:2663-3493
Access:Electronic access restricted to authorized BRAC University faculty, staff and students