Fifteenth General Review of Quotas—Adequacy of Fund Resources—Further Considerations

The paper presents a two-pillar framework for assessing the adequacy of Fund resources, building on the staff paper discussed by the Board in March 2016. The first pillar presents quantitative analysis, using three approaches to provide indicative ranges for the adequacy of Fund resources (traditional metrics, access-based and scenario-based). The second pillar of the framework is qualitative in nature, with focus on the interaction of interconnectedness with ongoing and new transitions. The paper also provides information to support a discussion on the mix of Fund resources.