Interim Review of The Adequacy of The Fund's Precautionary Balances.
Precautionary balances are a key element of the Fund's multilayered framework to mitigate financial risks. Overall financial risks remain elevated but have not increased significantly since the last review. Staff proposes to leave the medium-term target of SDR 25 billion, and the minimum floor...
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| Formato: | Revista |
| Idioma: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2021.
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| Series: | Policy Papers; Policy Paper ;
No. 2021/073 |
| Subjects: | |
| Acceso en liña: | Full text available on IMF |
| Summary: | Precautionary balances are a key element of the Fund's multilayered framework to mitigate financial risks. Overall financial risks remain elevated but have not increased significantly since the last review. Staff proposes to leave the medium-term target of SDR 25 billion, and the minimum floor of SDR 15 billion, unchanged at this time. With the projected increase in lending income, the pace of reserve accumulation is expected to remain adequate relative to the medium-term indicative target. The paper also reviews policy factors discussed in recent Board meetings that affect the level and accumulation of reserves. |
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| descrición da copia: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Descrición Física: | 1 online resource (50 pages) |
| Formato: | Mode of access: Internet |
| ISSN: | 2663-3493 |
| Acceso: | Electronic access restricted to authorized BRAC University faculty, staff and students |