2018 Review of Facilities for Low-Income Countries

Author: International Monetary Fund. Strategy, Policy, &amp, Review Department, and International Monetary Fund. Finance Dept.

The Fund is facing strong demand for financing from low-income countries (LICs).

Volume/Issue: Volume 2018 Issue 039

Publication date: August 2018

ISBN: 9781498310871

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Topics covered in this book

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Exports and Imports , Money and Monetary Policy , Natural Disasters , Public Policy - Social Services and Welfare , PP , financing , Fund , lending , LIC facilities , financing needs , ECF arrangement , needs of LIC , Lic facilities toolkit , access limit , Natural disasters , Balance of payments need , Debt relief , Poverty reduction strategy , Credit , Global

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Summary

The Fund is facing strong demand for financing from low-income countries (LICs). Commodity price shocks and loose fiscal policies have contributed to rising debt levels and financing needs in many countries. Several developing states, especially smaller ones, are also increasingly vulnerable to large natural disasters. At the same time, many LICs less dependent on commodity exports have enjoyed robust growth in recent years, with more contained vulnerabilities.