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Poverty Reduction and Growth Trust - Borrowing Agreement with the National Bank of Belgium

Poverty Reduction and Growth Trust - Borrowing Agreement with the National Bank of Belgium PDF Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN: 1498339603
Category : Business & Economics
Languages : en
Pages : 7

Book Description
Effective November 12, 2012, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT), entered into a borrowing agreement (the “Agreement”) with the National Bank of Belgium, by which Belgium will provide new loan resources of up to SDR 350 million (see attachment). With this Agreement, the Fund has concluded fourteen new borrowing agreements providing total resources of SDR 9,811 million in the context of fundraising under the 2009 Low-Income Countries (LICs) financing package.

Poverty Reduction and Growth Trust - Borrowing Agreement with the National Bank of Belgium

Poverty Reduction and Growth Trust - Borrowing Agreement with the National Bank of Belgium PDF Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN: 1498339603
Category : Business & Economics
Languages : en
Pages : 7

Book Description
Effective November 12, 2012, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT), entered into a borrowing agreement (the “Agreement”) with the National Bank of Belgium, by which Belgium will provide new loan resources of up to SDR 350 million (see attachment). With this Agreement, the Fund has concluded fourteen new borrowing agreements providing total resources of SDR 9,811 million in the context of fundraising under the 2009 Low-Income Countries (LICs) financing package.

Poverty Reduction and Growth Trust?2017 Borrowing Agreements with the National Bank Of Belgium and the Swiss National Bank

Poverty Reduction and Growth Trust?2017 Borrowing Agreements with the National Bank Of Belgium and the Swiss National Bank PDF Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN: 1498346383
Category : Business & Economics
Languages : en
Pages : 13

Book Description
The Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT or Trust), has entered into new borrowing agreements with the National Bank of Belgium (Belgium) and the Swiss National Bank (Switzerland), effective on August 30, 2017. These new borrowing agreements with Belgium and Switzerland provide new resources equivalent to SDR 350 million and SDR 500 million, respectively, for a total amount equivalent to SDR 850 million in new PRGT lending resources.

Poverty Reduction and Growth Trust

Poverty Reduction and Growth Trust PDF Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 30

Book Description
This paper presents the last six borrowing agreements that were concluded between October 2023 and February 2024 to provide new loan resources to the Poverty Reduction and Growth Trust (PRGT) as part of the loan mobilization round launched in July 2021 to support low-income countries (LICs) during the pandemic and beyond. Five of the six agreements use SDRs in the context of SDR channeling. Together these borrowing agreements provide a total amount of SDR 3.9 billion in new PRGT loan resources. The 2021 loan fundraising campaign was concluded successfully. It mobilized total contributions of SDR 14.65 billion from 17 PRGT lenders, well exceeding the SDR 12.6 billion loan target.

Poverty Reduction And Growth Trust: 2020 Borrowing Agreements With The National Bank Of Belgium, Banco Central Do Brasil, Banque De France, The Government Of Japan, De Nederlandsche Bank NV, The Norwegian Ministry Of Finance Representing The Kingdom Of N

Poverty Reduction And Growth Trust: 2020 Borrowing Agreements With The National Bank Of Belgium, Banco Central Do Brasil, Banque De France, The Government Of Japan, De Nederlandsche Bank NV, The Norwegian Ministry Of Finance Representing The Kingdom Of N PDF Author: International Monetary Fund
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description


Poverty Reduction and Growth Trust - Borrowing Agreement with the Bank of Italy

Poverty Reduction and Growth Trust - Borrowing Agreement with the Bank of Italy PDF Author: International Monetary Fund
Publisher: 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.

Poverty Reduction and Growth Trust

Poverty Reduction and Growth Trust PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description


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

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 PDF 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).

Borrowing Agreement with National Bank of Belgium

Borrowing Agreement with National Bank of Belgium PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498337872
Category : Business & Economics
Languages : en
Pages : 8

Book Description
In light of the multilateral effort to ensure the adequacy of the financial resources available to the International Monetary Fund, and with a view to supporting the Fund’s ability to provide timely and effective balance of payments assistance to its members, the National Bank of Belgium agrees to lend to the Fund an SDR denominated amount up to the equivalent of EUR 4.74 billion, on the terms and conditions set out in this policy paper.

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

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 PDF Author: International Monetary
Publisher: 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— 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

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 PDF Author: International Monetary
Publisher: 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.