Report on Access to Fund Resources During 2003
February 5, 2004

Public Information Notice: IMF Concludes Discussion on Access Policy in the Context of Capital Account Crises; and Review of Access Policies in the Credit Tranches and the Extended Fund Facility
March 21, 2003

Access Policy in Capital Account Crises—Modifications to the Supplemental Reserve Facility (SRF) and Follow-up Issues Related to Exceptional Access Policy
January 14, 2003

Access Policy in Capital Account Crises
July 29, 2002

Public Information Notice: Review of Access Policy in the Credit Tranches and Under the Extended Fund Facility
September 28, 2001

Review of Access Policy in the Credit Tranches and under the Extended Fund Facility
August 8, 2001

Review of Access Policy in the Credit Tranches and under the Extended Fund Facility—Background Paper
August 9, 2001



Review of Access Policy Under the Credit Tranches and the Extended Fund Facility

Prepared by the Policy Development and Review and Treasurer's Departments (In Consultation with other Departments)

January 14, 2003

Use the free Adobe Acrobat Reader to view the full text (195kb PDF file).

Contents


I. Introduction

II. Recent Application of Access Policy
      A. Number and Type of Arrangements
      B. Average Annual Access
      C. Resources Committed
      D. Prolonged Users
      E. Augmentations

III. Forward-Looking Assessment of Access Policy
      A. The Global Environment
      B. Gross Financing Needs
      C. The Impact of Potential Oil and Growth Shocks
      D. Outlook for Fund Liquidity

IV. Proposed Access Limits and Timing of Future reviews and resource implications

Boxes
1. Access Limits and Policy Under the Credit Tranches and the EFF
2. The Purposes of the Access Limits

Tables
1. Access Under Fund Arrangements Approved During 2000-2002
2. Access Under Fund Arrangements By Year of Approval, 1995-2002
3. New Commitments of Non-Concessional Fund Resources Under the Credit Tranches, EFF, and SRF, 1995-2002
4. Gross Financing Need of Past Users, 1996-2003
5. The Fund's Liquidity, 1995-2002

Figures
1. Recent Developments in Access, 1995-2002
2. Projected Broad and Augmented Gross Financing Needs, 1992-2004
3. Impact of Growth and Oil Shocks to Augmented Gross Financing Needs, 1999-2004