Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The International Monetary Fund extends the emergency financing program

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 270458
    Join date : 2012-12-21

    The International Monetary Fund extends the emergency financing program Empty The International Monetary Fund extends the emergency financing program

    Post by Rocky Fri 24 Dec 2021, 6:22 am

    [You must be registered and logged in to see this link.]
    [You must be registered and logged in to see this image.]


    The International Monetary Fund announced that it will extend for an additional 18 months access to the emergency financing program to help countries severely affected by the Covid-19 pandemic.
    A statement issued by the Washington-based fund said that its Executive Board had approved a “temporary increase” to the limits to the use of its resources under the emergency financing instruments until June 2023.
    And in April 2020, when the first wave of infections and deaths from the Corona virus hit the world, the IMF provided facilities to countries to access such aid, including raising the level of financing that countries can obtain.
    These programs have already been extended twice, in September 2020 and last March, and the Executive Board has also agreed to reduce all other temporarily increased benefit limits to pre-pandemic levels as of January 1, 2022.
    The Fund stressed that the decision guarantees "continuous access" for member states to the IMF's emergency financing programs in the event of urgent problems in the balance of payments.
    They include the Rapid Credit Facility, an interest-free program available to low-income countries, and a rapid financing instrument available to all members of the Fund, which can disburse funds very quickly to help member countries implement emergency response policies.
    [You must be registered and logged in to see this link.]

      Current date/time is Mon 20 May 2024, 10:38 am