01653cas a2200241 a 4500 AALejournalIMF019910 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498336604 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Technical Note on Synchronized Approval of Flexible Credit Lines for Multiple Countries. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (2 pages) Policy Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students As foreshadowed in the Executive Board Report to the IMFC on the Fund's Mandate, this technical note sketches the procedures under which synchronized approval of Flexible Credit Line (FCL) arrangements for multiple member countries could be undertaken under the existing FCL Decision and other Fund policies.1 When multiple members face the same shock, synchronized approval of FCL arrangements could strengthen the effectiveness of the response to the common shock and minimize first-mover problems. This technical note neither modifies existing Fund policies, nor establishes a new financing instrument. Mode of access: Internet Policy Papers; Policy Paper ; No. 2010/093 Full text available on IMF http://elibrary.imf.org/view/journals/007/2010/093/007.2010.issue-093-en.xml IMF e-Library