Review of the Adequacy of the Fund's Precautionary Balances.

On October 30, 2020, the IMF's Executive Board reviewed the adequacy of the Fund's precautionary balances. Precautionary balances, comprising the Fund's general and special reserves and the Special Contingent Account (SCA-1), are one element of the IMF's multi-layered framework f...

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Detaylı Bibliyografya
Müşterek Yazar: International Monetary Fund. Finance Dept
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2021.
Seri Bilgileri:Policy Papers; Policy Paper ; No. 2021/005
Online Erişim:Full text available on IMF
Diğer Bilgiler
Özet:On October 30, 2020, the IMF's Executive Board reviewed the adequacy of the Fund's precautionary balances. Precautionary balances, comprising the Fund's general and special reserves and the Special Contingent Account (SCA-1), are one element of the IMF's multi-layered framework for managing financial risks. These balances provide a buffer to protect the Fund against potential losses, resulting from credit, income, and other financial risks. This review of the adequacy of the Fund's precautionary balances took place on the standard two-year cycle, although it was delayed by a few months to allow for an assessment of the impact of the COVID-19 pandemic on Fund financial risks. In conducting the review, the Executive Board applied the rules-based framework agreed in 2010.
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Fiziksel Özellikler:1 online resource (43 pages)
Materyal Türü:Mode of access: Internet
ISSN:2663-3493
Erişim:Electronic access restricted to authorized BRAC University faculty, staff and students