Review of the Fund's Strategy on Overdue Financial Obligations
August 22, 2007
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Review of the Fund's Strategy on Overdue Financial Obligations, (USA: International Monetary Fund, 0) accessed November 21, 2024
Summary
This paper provides an annual review of progress under the Fund’s strengthened cooperative strategy on overdue financial obligations and proposes to extend the availability of the rights approach by another year, to end-August 2008. The rights approach could provide a useful mechanism for arrears clearance for the remaining eligible members, depending on their specific circumstances. A draft decision to this effect is provided in Section V.
Subject: Fund policies, Overdue Financial Obligation, Rights accumulation program
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