May 23, 2022 · This paper undertakes a comprehensive review of the Fund’s sovereign arrears policies. Staff assesses that the Fund’s Lending into Arrears to Private Creditors (LIA) policy …

Nov 18, 2024 · It focuses on how to establish that a program is “fully financed” (i.e., the financing assurances policy), how to handle arrears owed by a member to its official and private …

May 18, 2022 · Directors welcomed the comprehensive review of the Fund’s policy on lending into arrears to private creditors (LIA policy), the Fund’s policy on lending into sovereign arrears to …

May 23, 2022 · Directors welcomed the comprehensive review of the Fund’s policy on lending into arrears to private creditors, the Fund’s policy on lending into sovereign arrears to official …

Arrears to the IMF – A Ghost of the Past? IMF Working Papers describe research in progress by the author (s) and are published to elicit comments and to encourage debate. The views …

In this paper, we consider incidences of arrears to the IMF, focusing on protracted arrears cases and attempt to identify determinants of their occurrence. We use narrative and formal …

This paper undertakes a comprehensive review of the Fund’s sovereign arrears policies. Given recent developments in the international creditor community, staff proposes refining the Fund’s …

Dec 16, 2016 · In this paper, we consider incidences of arrears to the IMF, focusing on protracted arrears cases and attempt to identify determinants of their occurrence. We use narrative and …

Sep 29, 2022 · The IMF therefore introduced one of its most consequential policies — the “lending into arrears” policy: in the absence of creditor support, the IMF obtained financing assurances …

policy had both changed and not changed at the same time. The objective of this policy brief is to give a plain English description of the IMF’s lending into arrears policy and to explain its …

In this paper, we consider incidences of arrears to the IMF, focusing on protracted arrears cases and attempt to identify determinants of their occurrence. We use narrative and formal …

Upon completion of a rights accumulation program, clearance of the member’s arrears to the IMF, and approval by the IMF of a successor arrangement, the member is able to encash its …

Dec 11, 2015 · Until now IMF policy has barred it from providing financing to a country that was in arrears with its official bilateral creditors, apart from in certain specific circumstances.

Since arrears are a form of forced financing, the government’s borrowing requirement is understated, yielding a distorted picture of the sources of credit expansion in an economy. …

Mar 24, 2025 · The Executive Board of the International Monetary Fund (IMF) approved the ninth and final review under the Extended Fund Facility (EFF) arrangement with Suriname. The …

4 days ago · Washington, DC: The Executive Board of the International Monetary Fund (IMF) today completed the Seventh Review of the EFF, enabling the authorities to draw US$0.4 …

Mar 25, 2025 · According to the IMF, Suriname’s debt restructuring process is nearing completion, with agreements reached with all official creditors and all but one commercial creditor. The …

In recent years, the emergence of government expenditure arrears, indicating delays in a government’s payments to its suppliers and creditors, has become an important fiscal issue.1 …

Mar 25, 2025 · In October 2024, the IMF estimated global public debt at more than $100 trillion, or around 93% of global GDP, with the potential to reach 100% of GDP by 2030 – back up to …

12 hours ago · The authorities remain committed to the program’s objectives, including on fiscal consolidation, fiscal governance, and other structural reforms, despite the challenges posed by …

IMF staff estimates serve as proxies when complete information is unavailable. As a result, Fiscal Monitor data can differ from official data in other sources, including the IMF’s International …

Nov 16, 2016 · In this paper, we consider incidences of arrears to the IMF, focusing on protracted arrears cases and attempt to identify determinants of their occurrence. We use narrative and …