IMF Executive Board Approves Temporary Streamlining Of Procedures For Post Program Monitoring During The Pandemic And Renaming Of The Policy To Post Financing Assessment Date
14/05/2021
On May 7, 2021, the Executive Board of the International Monetary Fund (IMF) approved temporary modifications to the modalities for its Post Program Monitoring (PPM) until end-2022. The increase in IMF lending, including in the aftermath of the COVID-19 pandemic, has led to an unprecedented amount of credit outstanding, underscoring the need for appropriate safeguards to the IMF’s balance sheet. PPM is one such safeguard, providing a framework for deeper and closer engagement with members that have substantial outstanding IMF credit but are not in a program relationship. However, the ongoing pandemic is straining the capacity as well as resources for members and the Fund, given the need to focus efforts on immediate crisis-related work.
Cote d Ivoire: IMF Executive Board Completes the Final Reviews of Côte d Ivoire s Extended Credit Facility and Extended Fund Facility Arrangements
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MIL-OSI Translation: IMF Executive Board Completes Latest Reviews of Extended Credit Facility and Extended Credit Facility Arrangements for Côte d Ivoire
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Côte d Ivoire: IMF Executive Board Completes the Final Reviews of Côte d Ivoire s Extended Credit Facility and Extended Fund Facility Arrangements
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