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US faces pushback on plan to bolster IMF funding without shareholding changes

US faces pushback on plan to bolster IMF funding without shareholding changes
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

Coted Ivoire , World Bank , District Of Columbia , United States , Distrito Federal , Ivory Coast , Peter Graff , David Lawder , Alassane Ouattara , Janet Yellen , Andrea Shalal , Marcela Ayres , Mark Sobel , Joe Biden , Martin Muhleisen , Us Congress , International Monetary Fund , Global Development , Secretary Janet Yellen , Executive Board , Ivory Coast President Alassane Ouattara , Mark Plant ,

Whither or Wither the PRGT? Funding Options for a Cash-Strapped PRGT

The IMF’s Poverty Reduction and Growth Trust (PRGT) faces large financing needs. Unprecedented levels of lending since the start of the pandemic – four to five times higher than before the pandemic – have seriously depleted the PRGT’s subsidy resources. If these are not replenished, the PRGT’s lending capacity from 2025 onwards could collapse to well below its pre-pandemic level. ....

United Kingdom , Andrew Ghattas , Growth Trust , Sustainability Trust , Central Bank Gold Agreement , General Resources Account , Sub Saharan Africa , Heavily Indebted Poor Countries , Common Framework , Mark Plant , Deposit Investment Accounts , Income Model , New Income Model , New Arrangements ,

Economics & Marginalia: August 25, 2023

Through the summer, I’ve had a few excuses for the links showing up at random times, or disappearing: technical disasters, our automated system crashing, unexpected illnesses and the like. But for the next two weeks, it will be none of these things that keep these links away from you: I am going on an honest-to-god holiday, the kind with beaches, pools, Dashiell Hammett and John Mortimer by the pool (in book form, I’m not having a holiday with a medium) and my son eating all the prawns off my plate. I haven’t quite finished my whole to-do list, so I’ll be working for another couple of hours yet, but once I cross off the last item from that list, I’m closing my laptop and ignoring my emails for the first time in a long time. ....

United States , Dashiell Hammett , Ken Opalo , Daniel Hamermesh , John Mortimer , Greg Rosalsky , Demi Nakamura , Raghu Rajan , Planet Money , Bernat Camps Adrogu , Mark Plant , West Africa ,