Policy Papers
2004
November 19, 2004
From Fixed to Float-Operational Aspects of Moving Toward Exchange Rate Flexibility
November 9, 2004
Operational Guidance Note on Access Under the Poverty Reduction and Growth Facility
Description: This note summarizes Poverty Reduction and Growth Facility (PRGF) access policies, including those aspects of the Board's March 31 discussion with immediate effect on the PRGF.
October 7, 2004
PRGF-HIPC Trust Instrument--Amendments to Eligibility Criteria
Description: This paper proposes amendments to the PRGF--HIPC Trust Instrument1 to give effect to the conclusions reached by the Executive Board in September 2004.
September 30, 2004
Evaluation of the Pacific Financial Technical Assistance Centre
Description: This report presents the analysis, findings, conclusions and recommendations of the evaluation of the Pacific Financial Technical Assistance Center (PFTAC) that was undertaken between April 26 and May 14, 2004.
September 13, 2004
Operational Framework for Debt Sustainability in Low-Income Countries - Implications for Fund Program Design
September 10, 2004
Debt Sustainability in Low-Income Countries - Further Considerations on an Operational Framework and Policy Implications
Description: This paper seeks to address queries on several operational issues: (i) the robustness of the indicative thresholds; (ii) modalities for implementing DSAs; and (iii) operational implications for the Fund, Bank, and other international financial institutions and creditors.
September 3, 2004
Crisis Prevention and Precautionary Arrangements - Status Report
Description: This paper provides a status report and proposes directions for future work. It begins with an outline of the broader context of crisis prevention and Fund policies. It notes the broad consensus among Directors on the nature of the problem and the areas of agreement on existing Fund policies. It then summarizes the main arguments for and against a policy on exceptional access under precautionary arrangements to help prevent crises.
August 31, 2004
Review of PRGF-HIPC Financing and the Adequacy of the Reserve Account of the PRGF Trust
August 27, 2004