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IMF board approves policy reforms to support recovery of low-income nations

The executive board of the International Monetary Fund (IMF) has approved a set of policy reforms to the concessional lending facilities to better support the recovery of low-income countries (LICs) from the Covid-19 pandemic. These reforms are set to ensure that the Fund has the capacity to respond flexibly to LICs needs over the medium term while continuing to provide concessional loans at zero interest rates, the IMF said on Thursday in a statement. The centrepiece of the policy reforms that were approved by the IMF executive board last week is a 45 per cent increase in the normal limits on access to concessional financing, coupled with the elimination of hard limits on access for the poorest countries, Xinhua news agency quoted the statement as further saying.

IMF executive board approves policy reforms to better support low-income countries

IMF executive board approves policy reforms to better support low-income countries United News of Bangladesh (UNB) Bangladesh, July 23 The executive board of the International Monetary Fund (IMF) has approved a set of policy reforms to the concessional lending facilities to better support the recovery of low-income countries (LICs) from the COVID-19 pandemic. These reforms are set to ensure that the Fund has the capacity to respond flexibly to LICs needs over the medium term while continuing to provide concessional loans at zero interest rates, the IMF said Thursday in a statement. The centerpiece of the policy reforms that were approved by the IMF executive board last week is a 45 percent increase in the normal limits on access to concessional financing, coupled with the elimination of hard limits on access for the poorest countries, according to the IMF.

IMF board approves policy reforms to support low-income nations

IMF board approves policy reforms to support low-income nations In the first stage, the IMF will seek to secure about $4 billion in subsidy resources needed to finance zero interest lending from the PRGT File photo The executive board of the International Monetary Fund (IMF) has approved a set of policy reforms to the concessional lending facilities to better support the recovery of low-income countries (LICs) from the Covid-19 pandemic. These reforms are set to ensure that the Fund has the capacity to respond flexibly to LICs needs over the medium term while continuing to provide concessional loans at zero interest rates, the IMF said on Thursday in a statement.

Le FMI approuve une hausse de ses capacités de prêts pour les pays pauvres

Le FMI approuve une hausse de ses capacités de prêts pour les pays pauvres
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