Author: Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Poverty Reduction and Growth Trust— 2020-21 Borrowing Agreements with The Government of Australia, Danmarks Nationalbank, The Bank Of Italy, The German Federal Ministry Of Finance On Behalf Of The Federal Republic Of Germany, And The Swiss National Bank
Author: International MonetaryPublisher: International Monetary Fund
ISBN: 1513575937
Category : Business & Economics
Languages : en
Pages : 28
Book Description
This paper presents to the Executive Board for information the second set of new borrowing agreements for the Poverty Reduction and Growth Trust.
Poverty Reduction and Growth Trust
Author: Poverty Reduction and Growth Trust―2020-21 Borrowing Agreements with The Government of Canada as Represented by The Minister of Finance, and The People’s Bank of China
Author: International MonetaryPublisher: International Monetary Fund
ISBN: 1513587579
Category : Business & Economics
Languages : en
Pages : 22
Book Description
This paper presents two new borrowing agreements for the Poverty Reduction and Growth Trust (PRGT). These two agreements with the IMF, acting as Trustee for the PRGT, and the Government of Canada and the People’s Bank of China respectively have been finalized as part of the resource mobilization effort in response to the unprecedented demand for concessional financing driven by the COVID-19 pandemic and ensuing economic shocks. The fast-track loan mobilization round launched in April 2020 allowed the Fund to increase access limits and scale up emergency financing to low-income countries (LICs). To date, eleven new agreements and the augmentation of five existing agreements have been finalized with sixteen lenders (for previous updates see the October 2020 paper and the March 2021 paper. Together, these agreements and augmentations provide a total of SDR 16.9 billion in new PRGT loan resources for LICs, of which SDR 15.1 billion is immediately available.
Poverty Reduction and Growth Trust—2023 Borrowing Agreements with the Government of Australia, the People’s Bank of China, the Bank of Finland, the Banque De France, De Nederlandsche Bank NV, the Norwegian Ministry of Finance Representing the Kingdom of Norway, Sveriges Riksbank, and the Government of the United Kingdom
Author: International Monetary Fund. Finance Dept.Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 42
Book Description
This paper presents the second set of PRGT borrowing agreements that have been finalized through April 2023 as part of the loan mobilization round launched in July 2021 to cover the cost of pandemic-related lending and support the self-sustainability of the Poverty Reduction and Growth Trust (PRGT). Seven of the eight agreements presented use SDRs in the context of SDR channeling. Together these agreements provide a total of SDR 5.1 billion in new PRGT loan resources for low-income countries (LICs).
Poverty Reduction and Growth Trust - Borrowing Agreement with the Bank of Italy
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1498338895
Category : Business & Economics
Languages : en
Pages : 8
Book Description
On April 18, 2011, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT), entered into a borrowing agreement (the “Agreement”) with the Bank of Italy, by which Italy will provide new loan resources of up to SDR 800 million (see attachment). With this Agreement, the Fund has concluded eleven new borrowing agreements providing total resources of SDR 8,461 million in the context of the current fund-raising effort, which supports the reform of the Fund’s lending facilities for low-income countries that became effective on January 7, 2010.
International Monetary Fund Annual Report 2019 Financial Statements
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1513511726
Category : Business & Economics
Languages : en
Pages : 122
Book Description
The audited consolidated financial statements of the International Monetary Fund as of April 30, 2019 and 2018
A History of Central Banking and the Enslavement of Mankind
Author: Stephen Mitford GoodsonPublisher: Black House Publishing
ISBN: 9781910881491
Category : Business & Economics
Languages : en
Pages : 228
Book Description
A History of Central Banking and the Enslavement of Mankind describes the role of banking and money in history from ancient times to the present.
A Proposal to End the COVID-19 Pandemic
Author: Ruchir AgarwalPublisher: International Monetary Fund
ISBN: 1513577603
Category : Business & Economics
Languages : en
Pages : 54
Book Description
Urgent steps are needed to arrest the rising human toll and economic strain from the COVID-19 pandemic that are exacerbating already-diverging recoveries. Pandemic policy is also economic policy as there is no durable end to the economic crisis without an end to the health crisis. Building on existing initiatives, this paper proposes pragmatic actions at the national and multilateral level to expeditiously defeat the pandemic. The proposal targets: (1) vaccinating at least 40 percent of the population in all countries by the end of 2021 and at least 60 percent by the first half of 2022, (2) tracking and insuring against downside risks, and (3) ensuring widespread testing and tracing, maintaining adequate stocks of therapeutics, and enforcing public health measures in places where vaccine coverage is low. The benefits of such measures at about $9 trillion far outweigh the costs which are estimated to be around $50 billion—of which $35 billion should be paid by grants from donors and the residual by national governments potentially with the support of concessional financing from bilateral and multilateral agencies. The grant funding gap identified by the Access to COVID-19 Tools (ACT) Accelerator amounts to about $22 billion, which the G20 recognizes as important to address. This leaves an estimated $13 billion in additional grant contributions needed to finance our proposal. Importantly, the strategy requires global cooperation to secure upfront financing, upfront vaccine donations, and at-risk investment to insure against downside risks for the world.
IMF Financial Operations 2018
Author: International Monetary Fund. Finance Dept.Publisher: International Monetary Fund
ISBN: 1484330870
Category : Business & Economics
Languages : en
Pages : 196
Book Description
IMF Financial Operations 2018 provides a broad introduction to how the IMF fulfills its mission through its financial activities. It covers the financial structure and operations of the IMF and provides background detail on the financial statements. It reviews the IMF's three main activities: lending, surveillance, and technical assistance.
Covered Bonds Handbook
Author: Anna T. PinedoPublisher:
ISBN: 9781402412943
Category : Asset-backed financing
Languages : en
Pages : 0
Book Description
Covered Bond Handbook is the first comprehensive guide to these time-tested financing alternatives, helping you to take full advantage of these debt instruments.