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

Download or read book Poverty Reduction and Growth Trust—Review of Interest Rate Structure—Postponement written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2023-06-14 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.