Resilience And Sustainability Trust―2023 Contribution Agreements with Estonia, France, Japan, Korea, Lithuania, and The Netherlands

Author: International Monetary Fund. Finance Dept. and International Monetary Fund. Legal Dept.

Volume/Issue: Volume 2023 Issue 019

Publication date: April 2023

ISBN: 9798400237720

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Topics covered in this book

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Banks and Banking , Money and Monetary Policy , Political Economy , Resilience and Sustainability Trust (RST) , Contribution agreements , Resource adequacy , Funding , Contributions , transparency policy , deposit account claim , SDR equivalent , totaling SDR , DA agreement , Loans , SDR interest rate

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Summary

This paper presents six Resilience and Sustainability (RST) contribution agreements finalized with contributors between December 2022 and March 2023 including an existing agreement that was amended and restated. The concluded agreements provide for contributions in a total amount of about SDR 9.5 billion across the three RST accounts – the loan account, deposit account, and reserve account. The new agreements with six members add critical resources that support the continued smooth operations of the RST.