Proposal To Establish A Resilience and Sustainability Trust

April 18, 2022

Preview Citation

Format: Chicago

Proposal To Establish A Resilience and Sustainability Trust, (USA: International Monetary Fund, 2022) accessed November 21, 2024

Summary

The challenges from the pandemic, spillovers from geopolitical shocks, and long-standing structural problems pose an enormous impediment for balance of payments stability and resilient and sustainable growth, especially for low-income and vulnerable middle-income countries. The $650 billion SDR allocation in August 2021 has helped support economic stability by supplementing members’ reserves. There is scope to amplify the effect of these SDRs by channeling them from countries with strong external positions to countries where the needs are the greatest.

Subject: Balance of payments, Balance of payments need, Climate change, Environment, Financial institutions, Financial services, Income, Loans, Monetary policy, National accounts, Political economy, SDR interest rate

Keywords: Balance of payments need, Climate change, Global, Income, Loans, RST instrument, RST lending, RST loan, RST resource, RST-eligibility list, SDR interest rate

Publication Details

Pages:

162
Volume:

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DOI:

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Issue:

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Series:

Policy Paper No. 2022/013
Stock No:

PPEA2022013
ISBN:

9798400207730
ISSN:

2663-3493

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