01632cas a2200241 a 4500 AALejournalIMF020895 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513541709 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. IMF COVID-19 Response-A New Short-Term Liquidity Line to Enhance The Adequacy Of The Global Financial Safety Net. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (64 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 The COVID-19 pandemic has created severe disruption in the global financial system, with many emerging market and developing countries (EMDCs) facing liquidity shortages. In the context of intensified demand for liquidity and heightened global uncertainty, staff has revisited the 2017 proposal for a new facility to provide liquidity support to the Fund's membership. This paper proposes the establishment of a new Short-term Liquidity Line (SLL) as a special facility in the General Resources Account (GRA), based on the key features of the 2017 blueprint. Mode of access: Internet Policy Papers; Policy Paper ; No. 2020/025 Full text available on IMF http://elibrary.imf.org/view/journals/007/2020/025/007.2020.issue-025-en.xml IMF e-Library