Poverty Reduction and Growth Trust--2017 Borrowing Agreements with the Bank of Italy PDF Download
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Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN: 1498346553
Category : Business & Economics
Languages : en
Pages : 9
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Book Description
On July 17, 2017, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT or Trust), entered into a new borrowing agreement (the “Agreement”) with the Bank of Italy (hereafter, Italy or Purchaser), by which Italy will provide new resources to the Extended Credit Facility Loan Account of the PRGT in the total amount of up to SDR 400 million
Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN: 1498346553
Category : Business & Economics
Languages : en
Pages : 9
Get Book Here
Book Description
On July 17, 2017, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT or Trust), entered into a new borrowing agreement (the “Agreement”) with the Bank of Italy (hereafter, Italy or Purchaser), by which Italy will provide new resources to the Extended Credit Facility Loan Account of the PRGT in the total amount of up to SDR 400 million
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498338895
Category : Business & Economics
Languages : en
Pages : 8
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Book Description
On April 18, 2011, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT), entered into a borrowing agreement (the “Agreement”) with the Bank of Italy, by which Italy will provide new loan resources of up to SDR 800 million (see attachment). With this Agreement, the Fund has concluded eleven new borrowing agreements providing total resources of SDR 8,461 million in the context of the current fund-raising effort, which supports the reform of the Fund’s lending facilities for low-income countries that became effective on January 7, 2010.
Author: Internationaler Währungsfonds
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
On April 18, 2011, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT), entered into a borrowing agreement (the 'Agreement') with the Bank of Italy, by which Italy will provide new loan resources of up to SDR 800 million (see attachment). With this Agreement, the Fund has concluded eleven new borrowing agreements providing total resources of SDR 8,461 million in the context of the current fund-raising effort, which supports the reform of the Fund's lending facilities for low-income countries that became effective on January 7, 2010.
Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN: 1498346383
Category : Business & Economics
Languages : en
Pages : 13
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Book Description
The Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT or Trust), has entered into new borrowing agreements with the National Bank of Belgium (Belgium) and the Swiss National Bank (Switzerland), effective on August 30, 2017. These new borrowing agreements with Belgium and Switzerland provide new resources equivalent to SDR 350 million and SDR 500 million, respectively, for a total amount equivalent to SDR 850 million in new PRGT lending resources.
Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN: 1498339603
Category : Business & Economics
Languages : en
Pages : 7
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Book Description
Effective November 12, 2012, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT), entered into a borrowing agreement (the “Agreement”) with the National Bank of Belgium, by which Belgium will provide new loan resources of up to SDR 350 million (see attachment). With this Agreement, the Fund has concluded fourteen new borrowing agreements providing total resources of SDR 9,811 million in the context of fundraising under the 2009 Low-Income Countries (LICs) financing package.
Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 42
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Book Description
This paper presents the second set of PRGT borrowing agreements that have been finalized through April 2023 as part of the loan mobilization round launched in July 2021 to cover the cost of pandemic-related lending and support the self-sustainability of the Poverty Reduction and Growth Trust (PRGT). Seven of the eight agreements presented use SDRs in the context of SDR channeling. Together these agreements provide a total of SDR 5.1 billion in new PRGT loan resources for low-income countries (LICs).
Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN: 149830785X
Category : Business & Economics
Languages : en
Pages : 10
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Book Description
"The Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT or Trust), has entered into a new borrowing agreement (the “Agreement”) with the Banque de France (hereafter France), effective on February 1, 2018. This new borrowing agreement with France provides new resources to the Extended Credit Facility Loan Account of the PRGT in the total amount of up to SDR 2 billion. Pursuant to Section III, paragraph 2 of the Instrument to establish the PRGT, the Managing Director is authorized to enter into borrowing agreements and agree to their terms and conditions with lenders to the Loan Accounts of the Trust. This paper presents the new Agreement with France to the Executive Board for information. Including this Agreement with France, the Fund has concluded fifteen new PRGT loan agreements providing total resources of SDR 11.4 billion in the context of the 2014 Board endorsed PRGT fundraising with a goal of SDR 11 billion. To accommodate the better-than-expected outcome, and following consultations with PRGT creditors, the IMF Board increased the PRGT’s cumulative borrowing limit on January 8, 2018. This is the sixth borrowing agreement between France and the Fund as Trustee of the PRGT. The Agreement incorporates the extensions of the commitments and drawdown period for PRGT loans to end-2020 and end-2024, respectively, consistent with the Fund’s framework for concessional lending to low income countries adopted in other PRGT borrowing agreements."
Author: International Monetary Fund. Finance Dept.
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781498347082
Category : Business & Economics
Languages : en
Pages : 11
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Book Description
The IMF, as Trustee of the Poverty Reduction and Growth Trust (PRGT or Trust), has entered into a new borrowing agreement with the Government of Canada (Canada), and has entered into amendments to the 2010 borrowing agreement with De Nederlandsche Bank NV (The Netherlands) and the 2011 borrowing agreement with the Bank of Korea (Korea). The new borrowing agreement with Canada and the amendments to the borrowing agreements with The Netherlands and Korea will each provide new resources of SDR 500 million to the General Loan Account of the PRGT, for a total amount of SDR 1.5 billion in new PRGT lending resources. Except for the increase in amount for drawings, all other elements of the borrowing agreements with The Netherlands and Korea remain unchanged.
Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 18
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Book Description
This paper presents the first set of borrowing agreements that have been finalized as part of the loan mobilization round launched in July 2021 to cover the cost of pandemic-related lending and support the self-sustainability of the Poverty Reduction and Growth Trust (PRGT). All agreements presented use SDRs in the context of SDR channeling and together provide a total of SDR 2.85 billion in new PRGT loan resources for low-income countries (LICs).
Author: International Monetary Fund
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
