Streamlining Procedures for Board Consideration of The Fund's Emergency Financing During Exceptional Circumstances Involving A Pandemic.

The COVID-19 pandemic has inflicted an unprecedented shock on the global economy and created an enormous demand for Fund resources. To accelerate processing and approval of members' requests in such circumstances, the paper proposes measures to expedite Board consideration and approval of reque...

Szczegółowa specyfikacja

Opis bibliograficzny
Korporacja: International Monetary Fund
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2020.
Seria:Policy Papers; Policy Paper ; No. 2020/019
Hasła przedmiotowe:
Dostęp online:Full text available on IMF
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245 1 0 |a Streamlining Procedures for Board Consideration of The Fund's Emergency Financing During Exceptional Circumstances Involving A Pandemic. 
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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 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The COVID-19 pandemic has inflicted an unprecedented shock on the global economy and created an enormous demand for Fund resources. To accelerate processing and approval of members' requests in such circumstances, the paper proposes measures to expedite Board consideration and approval of requests for purchases and/or disbursements under the Rapid Financing Instrument and/or the Rapid Credit Facility, respectively, completion of reviews and requests for changes in access in existing arrangements, and requests for assistance under the Catastrophe Containment and Relief Trust (CCRT), by shortening the circulation period for Board documents. The paper also proposes extending the use of the shortened circulation period to selected Article IV consultations necessary for use of Fund resources during a global pandemic. Management will also streamline internal procedures to accelerate program processing and reduce the burden on the Fund's administrative capacity, and will seek the support of creditors to expedite the processing of financial transactions under COVID-19 emergency financing. 
538 |a Mode of access: Internet 
650 7 |a Emergency Procedure  |2 imf 
650 7 |a Financing  |2 imf 
650 7 |a Pandemic Emergency Procedures  |2 imf 
650 7 |a Pandemic  |2 imf 
650 7 |a PP  |2 imf 
651 7 |a Argentina  |2 imf 
830 0 |a Policy Papers; Policy Paper ;  |v No. 2020/019 
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