Low-Income Countries and Poverty Reduction
"The Fund continues to analyze options for countries to boost inclusive growth and help reduce inequality and poverty by providing opportunities for all people to contribute to and share the benefits of economic activity."
–The Managing Director’s Global Policy Agenda, 2019
Focus on Low-Income Countries: IMF Lending to Low-Income Countries: Lessons for the FutureThis event explores both the general challenges and opportunities facing low |
The Ingredients of Successful Fund ProgramsThis talk takes you backstage, asking which ingredients are needed for a successful IMF program. Looking at 133 past programs, we explain what features work (or did not work): How is fiscal adjustment achieved? What reforms get done? And most importantly: what are the lessons? |
IMF POLICY PAPERS |
2018-19 Review of Facilities for Low-Income Countries---Reform Proposals : Review Of The Financing Of The Fund’s Concessional Assistance And Debt Relief To Low-Income Member CountriesPublication Date: June 6, 2019 2018-19 Review of Facilities for Low-Income Countries---Reform Proposals: Review Of The Financing Of The Fund’s Concessional Assistance And Debt Relief To Low-Income Member Countries |
Poverty Reduction and Growth Trust-Review of Interest Rate StructurePublication Date: June 26, 2019 This paper reviews the Poverty Reduction and Growth Trust (PRGT) interest rate structure for the period July 2019–June 2021. Since the interest rate mechanism was first established in 2009, no interest has been charged on PRGT credit. In line with the package of reforms proposed in the parallel Review of LIC Facilities, this paper proposes to align interest rates on the SCF with those on the ECF. Based on the average SDR rate over the most recently observed 12-month period, the proposed revised interest rate mechanism would result in zero interest rates on both ECF and SCF credit for the period July 2019–June 2021. |
