Policy Papers

Catastrophe Containment and Relief Trust—Fourth Tranche of Debt Service Relief in The Context of The Covid-19 Pandemic and Approval of Additional Beneficiary Member Countries

October 8, 2021

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Catastrophe Containment and Relief Trust—Fourth Tranche of Debt Service Relief in The Context of The Covid-19 Pandemic and Approval of Additional Beneficiary Member Countries, (USA: International Monetary Fund, 2021) accessed November 21, 2024

Summary

The paper provides brief updates for each CCRT-eligible country on its policy responses to the pandemic and on staff’s assessments of these policies, the use of resources freed up by debt service relief, and the implementation of governance safeguards commitments. The paper also provides an update on the financial situation of the CCRT. The generous support from 17 donor countries and the EU has mobilized SDR 609 million in new pledges since the onset of the pandemic.

Subject: Asset and liability management, Balance of payments, Balance of payments need, COVID-19, Debt relief, Debt service, External debt, Health, Monetary policy, Political economy

Keywords: Balance of payments need, CCRT country, CCRT debt relief, CCRT resource, COVID-19, Debt relief, Debt service, Debt service relief, Fund engagement, Global

Publication Details

  • Pages:

    132

  • Volume:

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  • DOI:

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  • Issue:

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  • Series:

    Policy Paper No. 2021/063

  • Stock No:

    PPEA2021063

  • ISBN:

    9781513594811

  • ISSN:

    2663-3493