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The Poverty Reduction and Growth Facility (PRGF) is an arm of the International Monetary Fund which lends to the world's poorest countries.[1] It was created on September 16, 1999, replacing the Enhanced Structural Adjustment Facility. In 2009 the organization sold 212 metric tons of gold in separate off-market transactions and then gradually sold 191.3 tons of gold to fund the SDR 1¼ billion yearly lending program to the targeted nations.[2]
^Shahwan, Najla (2 May 2022). "What's the goal of IMF's new fund for low-income countries?". Daily Sabah. Archived from the original on 4 May 2022. Retrieved 18 January 2023.
^International Monetary Fund. (16 March 2021). "Factsheet: Gold in the IMF". IMF website Retrieved 20 June 2021.
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The PovertyReductionandGrowthFacility (PRGF) is an arm of the International Monetary Fund which lends to the world's poorest countries. It was created...
Facility was succeeded by the PovertyReductionandGrowthFacility, which is in turn succeeded by the Extended Credit Facility. Structural adjustment loans...
replaced the Structural Adjustment Facility (SAF) and was itself replaced by the PovertyReductionandGrowthFacility (PRGF). During the program's tenure...
Countries and concluded an agreement with the Fund on a PovertyReductionandGrowthFacility (PRGF). In addition to changes in the budgetary process and public...
Assessment, 2014, p. 3. "Cambodia : Fifth Review Under the PovertyReductionandGrowthFacilityand Request for Waiver of a Performance Criterion". IMF. JICA...
exports. In October 2007, the IMF approved an additional poverty reductionandgrowthfacility program in support of the government's economic plans. Nicaragua...
structural adjustment facility (now known as the povertyreductionandgrowthfacility, or PRGF) and the extended funding facility (EFF). In the ensuing...
nation's poverty. The country signed an Enhanced Structural Adjustment Facility (ESAF) – later converted to a PovertyReductionandGrowthFacility (PRGF)...
nation's poverty. The country signed an Enhanced Structural Adjustment Facility (ESAF) – later converted to a PovertyReductionandGrowthFacility (PRGF)...
under the PovertyReductionandGrowthFacility (PRGR). Resources were intended for improving access to health, education, rural roads, water, and direct...
Enhanced Structural Adjustment Facility, andPovertyReductionandGrowthFacility plan. Located strategically between Eritrea and Ethiopia, Djibouti is a main...
Arrangement Under the PovertyReductionandGrowthFacility, Requests for Modification of Quantitative Performance Criterion and Augmentation, and Financing Assurances...
February 2007 after Tanzania completed its second three-year PovertyReductionandGrowthFacility (PRGF), the first having been completed in August 2003....
and 2006, annual GDP growth touched an average of 5-6%. In June 2003 the IMF approved 3-year, $490-million plan as part of the PovertyReductionand Growth...
IMF provides alternate sources of financing such as the PovertyReductionandGrowthFacility. Upon the founding of the IMF, its three primary functions...
government's recent performance by approving the third annual PovertyReductionandGrowthFacility Loan for Tajikistan. Improved fiscal discipline by the Government...
government procurement and reduce the government payroll. In July 2000, the IMF signed a $150 million PovertyReductionandGrowthFacility, and the World Bank...
Heavily Indebted Poor Countries (HIPC) and concluded an agreement with the Fund for PovertyReductionandGrowthFacility (PRGF). Debt relief provided under...
23 January 2013. Deininger, Klaus (2003). Land Policies for GrowthandPovertyReduction. World Bank Policy Research Report. Washington, DC: World Bank...
per man-hour in 2009. In 2002, the IMF suspended Guinea's PovertyReductionandGrowthFacility (PRGF) because the government failed to meet key performance...
africa and the Middle east,. International Monetary Fund, 2007a, Fourth review under the three-year arrangement under the povertyreductionandgrowth facility...
Consultation, the Second Review and Second Annual Program Under the PovertyReductionandGrowthFacility Arrangement, and Request for Interim Assistance...
members of its security forces. Nicaragua signed a 3-year PovertyReductionandGrowthFacility (PRGF) with the International Monetary Fund (IMF) in October...
US$47 million from the PovertyReductionandGrowthFacility on the basis of inaccurate information regarding government debt and National Bank reserves...