- Source: Poverty Reduction and Growth Facility
The Poverty Reduction and Growth Facility (PRGF) is an arm of the International Monetary Fund which lends to the world's poorest countries. It was created on September 16, 1999, replacing the Enhanced Structural Adjustment Facility. In 2009 the organization sold 212 metric tons of gold in separate off-market transactions and then gradually sold 191.3 tons of gold to fund the SDR 1¼ billion yearly lending program to the targeted nations.
References
External links
IMF Factsheet: The Poverty Reduction and Growth Facility
Kata Kunci Pencarian:
- Poverty Reduction and Growth Facility
- Structural adjustment
- Enhanced structural adjustment facility
- Economy of Niger
- Economy of Nicaragua
- Economy of Yemen
- Honduras
- Economy of Madagascar
- Djibouti and the International Monetary Fund
- Poverty in Cambodia