2024 Update Of Resource Adequacy Of The Poverty Reduction And Growth Trust And The Debt Relief Trusts

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2024 Update of Resource Adequacy of the Poverty Reduction and Growth Trust and the Debt Relief Trusts

International Monetary Fund. Finance Dept.,International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Legal Dept.
2024 Update of Resource Adequacy of the Poverty Reduction and Growth Trust and the Debt Relief Trusts Book PDF

Author : International Monetary Fund. Finance Dept.,International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Legal Dept.
Publisher : International Monetary Fund
Page : 51 pages
File Size : 52,9 Mb
Release : 2024-04-25
Category : Business & Economics
ISBN : 9798400274374

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2024 Update of Resource Adequacy of the Poverty Reduction and Growth Trust and the Debt Relief Trusts by International Monetary Fund. Finance Dept.,International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Legal Dept. Pdf

This paper provides an update of the adequacy of the resources of the Fund’s Poverty Reduction and Growth Trust (PRGT) and the debt relief trusts. Demand for PRGT loans continued to exceed earlier projections. Total PRGT credit outstanding reached SDR 18.3 billion at end-2023, or three times the pre-pandemic average. PRGT fundraising targets under the 2021 two-stage funding strategy to support LICs during the pandemic and beyond were met. Work is underway to implement the pledges. Ensuring PRGT long-term sustainability is a priority, and balancing a level of PRGT lending that meets the demand from eligible countries while ensuring the long-term sustainability of the Trust will be taken up in the ongoing PRGT Review. The Catastrophe Containment and Relief Trust (CCRT) remains severely underfunded, after providing debt relief to the IMF’s poorest and most vulnerable members during 2020–22. The Heavily Indebted Poor Countries (HIPC) initiative is nearly complete. Somalia reached its Completion Point under the HIPC Initiative in December 2023, while Sudan’s prospects for reaching its HIPC Completion Point remain uncertain owing to domestic developments.

2023 Review of Resource Adequacy of the Poverty Reduction and Growth Trust, Resilience and Sustainability Trust, and Debt Relief Trusts

International Monetary Fund. Legal Dept.,International Monetary Fund. Finance Dept.,International Monetary Fund. Strategy, Policy, & Review Department
2023 Review of Resource Adequacy of the Poverty Reduction and Growth Trust Resilience and Sustainability Trust and Debt Relief Trusts Book PDF

Author : International Monetary Fund. Legal Dept.,International Monetary Fund. Finance Dept.,International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 86 pages
File Size : 50,5 Mb
Release : 2023-04-26
Category : Business & Economics
ISBN : 9798400241888

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2023 Review of Resource Adequacy of the Poverty Reduction and Growth Trust, Resilience and Sustainability Trust, and Debt Relief Trusts by International Monetary Fund. Legal Dept.,International Monetary Fund. Finance Dept.,International Monetary Fund. Strategy, Policy, & Review Department Pdf

This paper provides an integrated perspective across the Trusts of the Fund. It is the first annual review that combines discussion of the adequacy of the resources of the Fund’s Poverty Reduction and Growth Trust (PRGT) and debt relief trusts, including the Catastrophe Containment and Relief Trust (CCRT), with that of the Resilience and Sustainability Trust (RST). The review of the PRGT assesses recent developments for lending demand, fundraising, and interest rates and compares them to the baseline projections underpinning the July 2021 reforms. A multi-pronged strategy is proposed to address identified strains on PRGT finances while minimizing negative effects for PRGT borrowers and preserving the confidence of PRGT lenders. On the recently established RST, this paper reports its fundraising progress; discusses demand developments and outlook for RST financing; assesses adequacy of loan resources and reserves; and examines, in view of increases in the SDR interest rate, the implications of adopting an interest rate cap at 21⁄4 percent for the lowest income group eligible for RST borrowing.

Poverty Reduction and Growth Trust—Review of Interest Rate Structure—Postponement

International Monetary Fund. Finance Dept.,International Monetary Fund. Strategy, Policy, & Review Department
Poverty Reduction and Growth Trust Review of Interest Rate Structure Postponement Book PDF

Author : International Monetary Fund. Finance Dept.,International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 5 pages
File Size : 41,9 Mb
Release : 2023-06-14
Category : Business & Economics
ISBN : 9798400244926

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Poverty Reduction and Growth Trust—Review of Interest Rate Structure—Postponement by International Monetary Fund. Finance Dept.,International Monetary Fund. Strategy, Policy, & Review Department Pdf

This paper proposes to postpone the next review of the PRGT interest rate structure to end-July 2025, given the desirability to consider all policies regarding low-income country facilities—including those related to PRGT interest rates—at once in the context of 2024/25 Review of the Fund’s Concessional Facilities and Financing. As a result of this postponement, the interest rates on all PRGT credit would be kept at zero until the completion of the next review.

Interim Review of Access Limits Under the Poverty Reduction and Growth Trust and Initial Considerations for Access Limits Under the General Resource Account

International Monetary Fund. Strategy, Policy, & Review Department
Interim Review of Access Limits Under the Poverty Reduction and Growth Trust and Initial Considerations for Access Limits Under the General Resource Account Book PDF

Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 42 pages
File Size : 53,6 Mb
Release : 2023-12-15
Category : Business & Economics
ISBN : 9798400261923

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Interim Review of Access Limits Under the Poverty Reduction and Growth Trust and Initial Considerations for Access Limits Under the General Resource Account by International Monetary Fund. Strategy, Policy, & Review Department Pdf

The interim review on PRGT access limits follows the call from the Executive Board in March 2023 and confirmed by the IMFC in October 2023. Low-income countries (LICs) face high economic uncertainty and pressures, while grappling with limited policy space and a funding squeeze. In March 2023, access limits under the General Resources Account (GRA) were temporarily increased for 12 months to give space for countries to face such economic pressures. The IMF Executive Board emphasized the importance of the alignment of the Poverty Reduction and Growth Trust (PRGT) access limits with those of the GRA that was achieved in 2021. The Board also agreed that, once substantial progress with PRGT fundraising toward the SDR 2.3 billion first-stage target for subsidy resources agreed in 2021 has been made—with total pledges of SDR 2 billion or more—access limits under the PRGT would be reviewed at an ad hoc interim review. This target has now been reached, paving the way for the review, also called for by the IMFC during the Annual Meetings in October 2023, in a context where the LICs’ economic challenges have further increased, including due to the risk of additional negative spillovers on the global economy stemming from the current geopolitical tensions and conflicts.

Human Development Report 2023/2024

United Nations Development Programme
Human Development Report 2023 2024 Book PDF

Author : United Nations Development Programme
Publisher : Stylus Publishing, LLC
Page : 721 pages
File Size : 43,5 Mb
Release : 2024-03-13
Category : Business & Economics
ISBN : 9789213589243

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Human Development Report 2023/2024 by United Nations Development Programme Pdf

Today, collective action on challenges ranging from climate change mitigation to peace and security is frustratingly slow or stymied altogether. Lack of trust and polarization--both associated with insecurity--exacerbate the gridlock. Shared, interlinked global challenges, like the pandemic and its recovery, are outpacing our willingness and our institutions’ capacities to respond to them. Why, despite all our riches and technologies, are we so stuck? How do we get unstuck? Is it possible to mobilize action to address globally shared challenges in a world that is intensively polarized? The 2023-2024 Human Development Report explores these issues and offers a platform for strategic discussion on how to move beyond narrow zero-sum thinking and support cooperation even as we have diverging interests and views. The e-book for this publication has been converted into an accessible format for the visually impaired and people with print reading disabilities. It is fully compatible with leading screen-reader technologies such as JAWS and NVDA.

Selected Decisions and Selected Documents of the International Monetary Fund

International Monetary Fund. Legal Dept.
Selected Decisions and Selected Documents of the International Monetary Fund Book PDF

Author : International Monetary Fund. Legal Dept.
Publisher : International Monetary Fund
Page : 1064 pages
File Size : 42,8 Mb
Release : 2024-03-12
Category : Business & Economics
ISBN : 9798400259241

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Selected Decisions and Selected Documents of the International Monetary Fund by International Monetary Fund. Legal Dept. Pdf

This volume is the Forty-Third Issue of Selected Decisions and Selected Documents of the International Monetary Fund. It includes decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the International Monetary Fund, as well as selected documents, to which frequent reference is made in the current activities of the Fund. In addition, it includes certain documents relating to the Fund, the United Nations, and other international organizations.

Model Rules of Professional Conduct

American Bar Association. House of Delegates,Center for Professional Responsibility (American Bar Association)
Model Rules of Professional Conduct Book PDF

Author : American Bar Association. House of Delegates,Center for Professional Responsibility (American Bar Association)
Publisher : American Bar Association
Page : 216 pages
File Size : 42,6 Mb
Release : 2007
Category : Law
ISBN : 1590318730

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Model Rules of Professional Conduct by American Bar Association. House of Delegates,Center for Professional Responsibility (American Bar Association) Pdf

The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.

Somalia

International Monetary Fund. Middle East and Central Asia Dept.
Somalia Book PDF

Author : International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
Page : 80 pages
File Size : 51,9 Mb
Release : 2023-12-18
Category : Business & Economics
ISBN : 9798400262180

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Somalia by International Monetary Fund. Middle East and Central Asia Dept. Pdf

Somalia has been rebuilding state institutions and the economy since the end of the devastating civil war, with strong support from the international community. The civil war led to complete state collapse, with tremendous loss of human and physical capital. Since the 2012 Provisional Constitution that created the Federal Government of Somalia (FGS) and the Federal Member States (FMS), Somalia has successfully undertaken three national elections, and Parliamentary and Presidential elections were completed in May 2022. With financial and capacity development support from international partners, Somalia has pursued wide-ranging reforms to help strengthen key economic and financial policy institutions as well as improve governance.

Achieving Sustainable Development and Promoting Development Cooperation

Department of Economic & Social Affairs,United Nations,United Nations. Office for ECOSOC Support and Coordination
Achieving Sustainable Development and Promoting Development Cooperation Book PDF

Author : Department of Economic & Social Affairs,United Nations,United Nations. Office for ECOSOC Support and Coordination
Publisher : United Nations Publications
Page : 295 pages
File Size : 51,7 Mb
Release : 2008
Category : Business & Economics
ISBN : 9211045878

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Achieving Sustainable Development and Promoting Development Cooperation by Department of Economic & Social Affairs,United Nations,United Nations. Office for ECOSOC Support and Coordination Pdf

This book presents an overview of the key debates that took place during the Economic and Social Council meetings at the 2007 High-level Segment, at which ECOSOC organized its first biennial Development Cooperation Forum. The discussions also revolved around the theme of the second Annual Ministerial Review, "Implementing the internationally agreed goals and commitments in regard to sustainable development."--P. 4 of cover.

Attacking Poverty

Anonim
Attacking Poverty Book PDF

Author : Anonim
Publisher : World Bank Publications
Page : 356 pages
File Size : 48,7 Mb
Release : 2000
Category : Business & Economics
ISBN : 0195211294

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Attacking Poverty by Anonim Pdf

At the start of each decade the World Development Report focuses on poverty reduction. The World Development Report, now in its twenty-third edition, proposes an empowerment-security-opportunity framework of action to reduce poverty in the first decades of the twenty-first century. It views poverty as a multidimensional phenonmenon arising out of complex interactions between assets, markets, and institutions. This Report shows how the experience of poverty reduction in the last fifteen years has been remarkably diverse and how this experience has provided useful lessons as well as warnings against simplistic universal policies and interventions. It shows how current global trends present extraordinary opportunities for poverty reduction but also cause extraordinary risks, including growing inequality, marginalization, and social explosions. The World Development Report 2000/2001 explores the challenge of managing these risks in order to make the most of the opportunities for poverty reduction.

Our Common Agenda - Report of the Secretary-General

United Nations
Our Common Agenda Report of the Secretary General Book PDF

Author : United Nations
Publisher : United Nations
Page : 194 pages
File Size : 45,8 Mb
Release : 2021-09-10
Category : Political Science
ISBN : 9789213583890

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Our Common Agenda - Report of the Secretary-General by United Nations Pdf

On the seventy-fifth anniversary of the United Nations, the world has faced its biggest shared test since the Second World War in the coronavirus disease (COVID-19) pandemic. Yet while our welfare, and indeed the permanence of human life, depend on us working together, international cooperation has never been harder to achieve. This report answers a call from UN Member States to provide recommendations to advance our common agenda and to respond to current and future challenges. Its proposals are grounded in a renewal of the social contract, adapted to the challenges of this century, taking into account younger and future generations, complemented by a new global deal to better protect the global commons and deliver global public goods. Through a deepening of solidarity—at the national level, between generations, and in the multilateral system—Our Common Agenda provides a path forward to a greener, safer and better future.

Policies to Address Poverty in America

Melissa Kearney,Benjamin Harris
Policies to Address Poverty in America Book PDF

Author : Melissa Kearney,Benjamin Harris
Publisher : Brookings Institution Press
Page : 508 pages
File Size : 45,7 Mb
Release : 2014-06-19
Category : Political Science
ISBN : 9780815726470

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Policies to Address Poverty in America by Melissa Kearney,Benjamin Harris Pdf

One-in-seven adults and one-in-five children in the United States live in poverty. Individuals and families living in povertyÊnot only lack basic, material necessities, but they are also disproportionally afflicted by many social and economic challenges. Some of these challenges include the increased possibility of an unstable home situation, inadequate education opportunities at all levels, and a high chance of crime and victimization. Given this growing social, economic, and political concern, The Hamilton Project at Brookings asked academic experts to develop policy proposals confronting the various challenges of AmericaÕs poorest citizens, and to introduce innovative approaches to addressing poverty.ÊWhen combined, the scope and impact of these proposals has the potential to vastly improve the lives of the poor. The resulting 14 policy memos are included in The Hamilton ProjectÕs Policies to Address Poverty in America. The main areas of focus include promoting early childhood development, supporting disadvantaged youth, building worker skills, and improving safety net and work support.

The Financial Crisis Inquiry Report

Financial Crisis Inquiry Commission
The Financial Crisis Inquiry Report Book PDF

Author : Financial Crisis Inquiry Commission
Publisher : Cosimo, Inc.
Page : 692 pages
File Size : 53,5 Mb
Release : 2011-05-01
Category : Political Science
ISBN : 9781616405410

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The Financial Crisis Inquiry Report by Financial Crisis Inquiry Commission Pdf

The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.

International Monetary Fund Annual Report 2019 Financial Statements

International Monetary Fund
International Monetary Fund Annual Report 2019 Financial Statements Book PDF

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 122 pages
File Size : 53,7 Mb
Release : 2019-10-04
Category : Business & Economics
ISBN : 9781513511726

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International Monetary Fund Annual Report 2019 Financial Statements by International Monetary Fund Pdf

The audited consolidated financial statements of the International Monetary Fund as of April 30, 2019 and 2018

The Ocean Plastics Reduction Guide

European Investment Bank
The Ocean Plastics Reduction Guide Book PDF

Author : European Investment Bank
Publisher : European Investment Bank
Page : 77 pages
File Size : 54,5 Mb
Release : 2021-07-19
Category : Nature
ISBN : 9789286150289

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The Ocean Plastics Reduction Guide by European Investment Bank Pdf

The objective of this guide is to raise awareness about the oceans' crucial importance to us and to the planet, and the growing threats posed by plastics discharged into and accumulating in the oceans. The guide outlines the key problems and challenges and how these can be addressed. The guide is promoting circular solutions to the ocean plastic pollution, and intends to inspire impactful action and change.