International Monetary Fund

Streamlining Procedures for Board Consideration of The Fund’s Emergency Financing During Exceptional Circumstances Involving A Pandemic

The COVID-19 pandemic has inflicted an unprecedented shock on the global economy and created an enormous demand for Fund resources. To accelerate processing and approval of members’ requests in such ...
International Monetary Fund

Streamlining Procedures for Board Consideration of the Fund’s Emergency Financing During Exceptional Circumstances Involving a Pandemic— Pandemic Emergency Procedures

a. When the Managing Director, informed by the World Health Organization’s assessment, determines that a life-threatening global pandemic is inflicting severe economic disruption across the Fund’s ...