Maldives : Use of Fund Resources—Request for Emergency Assistance

1MDVEA2005001 Image
Price:  $15.00

Release Date: © April, 2005
ISBN : 978-1-45182-549-7
Stock #: 1MDVEA2005001
English
Stock Status: On back-order

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Description

This paper reviews the Maldives’s Use of IMF Resources and Request for Emergency Assistance. The authorities have requested a purchase of an amount equivalent to SDR 4.1 million (50 percent of quota) under the IMF’s policy on emergency assistance related to natural disasters. The authorities have requested the provision of subsidies to reduce the rate of charge on these resources. IMF staff supports these requests given the exceptional severity of the tsunami’s economic impact and the authorities’ record of sound macroeconomic management and good cooperation with the IMF.

Taxonomy

Emergency assistance , IMF governance and operations , Operations , Use of Fund Resources




More publications in this series: IMF Staff Country Reports