Post Program Monitoring During The Pandemic : Proposal For Temporary Streamlining Of Procedures And Renaming Of The Policy.

The increase in Fund lending in the aftermath of the Covid-19 pandemic, including emergency financing, has led to a record number of requests for financing last year, and to an unprecedented amount of credit outstanding. This underscores the need for appropriate safeguards to the Fund's balance...

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Bibliographic Details
Corporate Author: International Monetary Fund. Strategy, Policy, and Review Department
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2021.
Series:Policy Papers; Policy Paper ; No. 2021/026
Subjects:
Online Access:Full text available on IMF
Full text available on IMF
Description
Summary:The increase in Fund lending in the aftermath of the Covid-19 pandemic, including emergency financing, has led to a record number of requests for financing last year, and to an unprecedented amount of credit outstanding. This underscores the need for appropriate safeguards to the Fund's balance sheet. Post Program Monitoring (PPM) is one such safeguard, which provides a framework for deeper and closer engagement with members that have substantial outstanding Fund credit but are not in a program relationship.
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Physical Description:1 online resource (17 pages)
Format:Mode of access: Internet
ISSN:2663-3493
Access:Electronic access restricted to authorized BRAC University faculty, staff and students