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

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.
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Volume/Issue: Volume 2021 Issue 063
Publication date: October 2021
ISBN: 9781513594811
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Exports and Imports , Money and Monetary Policy , Political Economy , debt service relief , CCRT country , fund engagement , CCRT debt relief , CCRT resource , Debt relief , Debt service , COVID-19 , Balance of payments need , Global

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.