Further Consideration of a New Liquidity Instrument for Market Access Countries - Design Issues

This paper focuses on a specific set of issues -- qualification criteria, monitoring structure, access levels and terms, links to other Fund facilities, and links to the private sector. This paper is a complement and follow-up to an earlier paper, which itself considered the broader issues involved in creating a new instrument. The paper does not put forward a concrete proposal to Directors, but seeks to achieve a further convergence of views on these key issues.
Publication date: February 2007
ISBN: 9781498333788
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RAL , qualification criterion , SRF , performance criterion , strong policy

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