Details

Related name

International Monetary Fund. Legal Dept [Browse]

Series

• Policy Papers; Policy Paper ; No. 2024/028 [More in this series]
• Policy Papers

Summary note

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.

Source of description

Description based on print version record.

Other title(s)

Poverty Reduction and Growth Trust

ISBN

9798400277214

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