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Poverty Reduction and Growth Facility information


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]

  1. ^ 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.
  2. ^ International Monetary Fund. (16 March 2021). "Factsheet: Gold in the IMF". IMF website Retrieved 20 June 2021.

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Poverty Reduction and Growth Facility

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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. It was created...

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Structural adjustment

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Facility was succeeded by the Poverty Reduction and Growth Facility, which is in turn succeeded by the Extended Credit Facility. Structural adjustment loans...

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Enhanced structural adjustment facility

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replaced the Structural Adjustment Facility (SAF) and was itself replaced by the Poverty Reduction and Growth Facility (PRGF). During the program's tenure...

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Economy of Niger

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Countries and concluded an agreement with the Fund on a Poverty Reduction and Growth Facility (PRGF). In addition to changes in the budgetary process and public...

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Poverty in Cambodia

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Assessment, 2014, p. 3. "Cambodia : Fifth Review Under the Poverty Reduction and Growth Facility and Request for Waiver of a Performance Criterion". IMF. JICA...

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Economy of Nicaragua

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exports. In October 2007, the IMF approved an additional poverty reduction and growth facility program in support of the government's economic plans. Nicaragua...

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Economy of Yemen

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structural adjustment facility (now known as the poverty reduction and growth facility, or PRGF) and the extended funding facility (EFF). In the ensuing...

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Honduras

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nation's poverty. The country signed an Enhanced Structural Adjustment Facility (ESAF) – later converted to a Poverty Reduction and Growth Facility (PRGF)...

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Economy of Honduras

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nation's poverty. The country signed an Enhanced Structural Adjustment Facility (ESAF) – later converted to a Poverty Reduction and Growth Facility (PRGF)...

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Economy of Madagascar

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under the Poverty Reduction and Growth Facility (PRGR). Resources were intended for improving access to health, education, rural roads, water, and direct...

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Djibouti and the International Monetary Fund

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Enhanced Structural Adjustment Facility, and Poverty Reduction and Growth Facility plan. Located strategically between Eritrea and Ethiopia, Djibouti is a main...

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Paris Club

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arrangement with the IMF (Stand-By, Extended Fund Facility, Poverty Reduction and Growth Facility, Policy Support Instrument). The level of the debt...

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Democratic Republic of the Congo and the International Monetary Fund

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-- The Poverty Reduction and Growth Facility (PRGF)". www.imf.org. Retrieved 2018-12-05. "Factsheet -- The Poverty Reduction and Growth Facility (PRGF)"...

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Gallon

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Arrangement Under the Poverty Reduction and Growth Facility, Requests for Modification of Quantitative Performance Criterion and Augmentation, and Financing Assurances...

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Economy of Tanzania

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February 2007 after Tanzania completed its second three-year Poverty Reduction and Growth Facility (PRGF), the first having been completed in August 2003....

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Economy of Bangladesh

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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 Poverty Reduction and Growth...

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International Monetary Fund

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IMF provides alternate sources of financing such as the Poverty Reduction and Growth Facility. Upon the founding of the IMF, its three primary functions...

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Economy of Tajikistan

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government's recent performance by approving the third annual Poverty Reduction and Growth Facility Loan for Tajikistan. Improved fiscal discipline by the Government...

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Economy of Kenya

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government procurement and reduce the government payroll. In July 2000, the IMF signed a $150 million Poverty Reduction and Growth Facility, and the World Bank...

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Heavily indebted poor countries

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Bank's International Development Association or the IMF's Poverty Reduction and Growth Facility (PRGF, the successor to ESAF), which provide long-term,...

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Niger

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Heavily Indebted Poor Countries (HIPC) and concluded an agreement with the Fund for Poverty Reduction and Growth Facility (PRGF). Debt relief provided under...

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Poverty

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23 January 2013. Deininger, Klaus (2003). Land Policies for Growth and Poverty Reduction. World Bank Policy Research Report. Washington, DC: World Bank...

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Economy of Guinea

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per man-hour in 2009. In 2002, the IMF suspended Guinea's Poverty Reduction and Growth Facility (PRGF) because the government failed to meet key performance...

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Oil and mining industry of Niger

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africa and the Middle east,. International Monetary Fund, 2007a, Fourth review under the three-year arrangement under the poverty reduction and growth facility...

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SOMAIR

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Consultation, the Second Review and Second Annual Program Under the Poverty Reduction and Growth Facility Arrangement, and Request for Interim Assistance...

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Foreign relations of Nicaragua

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members of its security forces. Nicaragua signed a 3-year Poverty Reduction and Growth Facility (PRGF) with the International Monetary Fund (IMF) in October...

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Agriculture in Tajikistan

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US$47 million from the Poverty Reduction and Growth Facility on the basis of inaccurate information regarding government debt and National Bank reserves...

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ENAPOR

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Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility". Washington, D.C.: International Monetary Fund. 2005. p...

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