01740cas a2200265 a 4500 AALejournalIMF022246 230101c9999 xx r poo 0 0eng d 5.00 USD 9781616357528 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Finance Dept. Interim Review of The Adequacy of The Fund's Precautionary Balances. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (50 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 Precautionary balances are a key element of the Fund's multilayered framework to mitigate financial risks. Overall financial risks remain elevated but have not increased significantly since the last review. Staff proposes to leave the medium-term target of SDR 25 billion, and the minimum floor of SDR 15 billion, unchanged at this time. With the projected increase in lending income, the pace of reserve accumulation is expected to remain adequate relative to the medium-term indicative target. The paper also reviews policy factors discussed in recent Board meetings that affect the level and accumulation of reserves. Mode of access: Internet Monetary Policy imf Political Economy imf Policy Papers; Policy Paper ; No. 2021/073 Full text available on IMF http://elibrary.imf.org/view/journals/007/2021/073/007.2021.issue-073-en.xml IMF e-Library