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IMF Boosts Temporary Access Limits for Poverty Reduction Trust

IMF Boosts Temporary Access Limits for Poverty Reduction Trust
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IMF Board agrees to temporarily raise Poverty Reduction and Growth Trust to 200% of quota

In March 2023, the IMF Executive Board decided that an interim review of the PRGT access limits should be carried out once substantial progress with the PRGT first stage fundraising target for subsidy resources of SDR 2.3 billion was met. This target was met in October 2023 thanks to the generosity of over 40 countries, paving the way for the interim review.

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IMF meets stage 1 fundraising targets for poverty reduction

The International Monetary Fund (IMF) has successfully met the fundraising targets for the Poverty Reduction and Growth Trust (PRGT) to support low-income countries with zero-interest rate financing to meet their evolving needs.

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Georgieva: IMF mediating to resolve debt crisis between debtor and creditor nations – The Nation Newspaper

Georgieva: IMF mediating to resolve debt crisis between debtor and creditor nations – The Nation Newspaper
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