Policy Papers

Safeguards Assessments—2009 Update

Publication Date:

December 15, 2009

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper provides Executive Directors with an update of safeguards assessment activities from July 1, 2008 through June 30, 2009. In common with previous updates, it covers the various types of safeguards activities undertaken during the year, highlighting the increased activity associated with the “twin crises” of food and fuel price shocks and the global financial crisis during 2008/09. It also briefly discusses developments in the latter part of that year, including the separate safeguards procedures introduced for members accessing the Flexible Credit Line (FCL).

Series:

Policy Papers

Subject:

Access to Fund general resources Central banks External auditors Flexible Credit Line General Resources Account Members Safeguards assessments policy