The Extended Rights to Purchase Policy : Reduction of Blackout Periods in GRA Arrangements.

This note provides guidance on the operation of the IMF's Extended Rights to Purchase policy for General Resources Account (GRA) arrangements. Provided certain safeguards are met, this policy extends the period (up to some limits) in which a member may access accumulated but undrawn balances un...

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Detaylı Bibliyografya
Müşterek Yazar: International Monetary Fund
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2013.
Seri Bilgileri:Policy Papers; Policy Paper ; No. 2013/044
Online Erişim:Full text available on IMF
Diğer Bilgiler
Özet:This note provides guidance on the operation of the IMF's Extended Rights to Purchase policy for General Resources Account (GRA) arrangements. Provided certain safeguards are met, this policy extends the period (up to some limits) in which a member may access accumulated but undrawn balances under a GRA arrangement once a new test date is reached but for which the test data are not yet available. In so doing it addresses some access 'blackouts' which can affect all GRA arrangements with the Fund, but especially precautionary ones. To assist in program design, other possible access blackouts, not addressed by this policy, are also described in this note.
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Fiziksel Özellikler:1 online resource (12 pages)
Materyal Türü:Mode of access: Internet
ISSN:2663-3493
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