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The IMF has implemented a framework for concessional financial support to Low-Income Countries (LICs) since 2010, which has been modified in response to the COVID-19 pandemic to increase access limits and facilitate emergency lending. In 2020, disbursements to LICs surged to SDR 6.8 billion, significantly higher than previous years, as many countries faced severe economic challenges and balance of payments needs. The paper proposes policy reforms and a funding strategy to ensure sustainable financial suppor

Author

alessio2324

Language

EN