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IMF Executive Board Approves Temporary Streamlining of Procedures for Post Program Monitoring During Pandemic and Renaming of Policy


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IMF Executive Board Approves Temporary Streamlining of Procedures for Post Program Monitoring During Pandemic and Renaming of Policy
Washington, DC: On May 7, 2021, the Executive Board of the International Monetary Fund (IMF) approved temporary modifications to the modalities for itsPost 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. ....

United States , Program Monitoring To Post Financing Assessment , Board Of The International Monetary Fund , Program Monitoring , Executive Board , International Monetary Fund , Post Program Monitoring , Post Financing Assessment , General Resources Accountor , Poverty Reduction , Growth Trustunder , Managing Director , Executive Directors , Covid 19 , ஒன்றுபட்டது மாநிலங்களில் , பலகை ஆஃப் தி சர்வதேச பண நிதி , ப்ரோக்ர்யாம் கண்காணிப்பு , நிர்வாகி பலகை , சர்வதேச பண நிதி , போஸ்ட் ப்ரோக்ர்யாம் கண்காணிப்பு , பாவர்டீ குறைப்பு , நிர்வகித்தல் இயக்குனர் , நிர்வாகி இயக்குநர்கள் ,

IMF Executive Board Approves Temporary Streamlining Of Procedures For Post Program Monitoring During The Pandemic And Renaming Of The Policy To Post Financing Assessment


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. ....

Program Monitoring To Post Financing Assessment , Board Of The International Monetary Fund , Program Monitoring , Executive Board , International Monetary Fund , Post Program Monitoring , Post Financing Assessment , General Resources Account , Poverty Reduction , Growth Trust , Board Assessment , All Regions , பலகை ஆஃப் தி சர்வதேச பண நிதி , ப்ரோக்ர்யாம் கண்காணிப்பு , நிர்வாகி பலகை , சர்வதேச பண நிதி , போஸ்ட் ப்ரோக்ர்யாம் கண்காணிப்பு , ஜநரல் வளங்கள் எண்ணுதல் , பாவர்டீ குறைப்பு , வளர்ச்சி நம்பிக்கை , பலகை மதிப்பீடு ,

Cote d'Ivoire: IMF Executive Board Completes the Final Reviews of Côte d'Ivoire's Extended Credit Facility and Extended Fund Facility Arrangements