Policy Coordination Instrument—Operational Guidance Note

The note is an aid to the implementation of the policy and its underlying principles. If there is any instance in which a provision of the guidance note or its implementation conflicts with Board policy, Board policy prevails.
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Volume/Issue: Volume 2021 Issue 061
Publication date: May 2021
ISBN: 9781513599298
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Exports and Imports , Money and Monetary Policy , Public Policy - Social Services and Welfare , Political Economy , Policy Coordination Instrument , PCI , Global Financial Safety Net , guidance note , transparency policy , PCI review cycle , program review , PCI request , PCI program , Arrears , Poverty reduction strategy , Balance of payments need , Global

Summary

This note—issued in May 2021 and since superseded by an updated note—provided general guidance on the use of the Policy Coordination Instrument (PCI) through March 2024 (and is being maintained here for archival purposes). Please refer to the updated note for current guidance, which refines operational practices based on recent experience and reflects the policy changes approved by the Board in October 2023.