Publication - Update on the Financing of the Fund’s Concessional Assistance and Debt Relief to Low-Income Countries - April 17, 2017
EXECUTIVE SUMMARY
Low income countries (LICs) are adapting to a difficult environment. The economic environment remains challenging for Poverty Reduction and Growth Trust (PRGT)-eligible countries and the Fund’s concessional financing framework continues to adapt to evolving needs. In October 2016, the Executive Board approved measures to keep interest rates on concessional loans at zero, so long as global interest rates are low.





