Download or read book Borrowing Agreement with Norges Bank written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2009-05-29 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents for the approval of the Executive Board a draft borrowing agreement between Norges Bank and the Fund. On March 28, the Finance Minister of Norway announced that the Ministry of Finance and Norges Bank (the central bank of Norway) were exploring a possible Norwegian contribution of up to 30 billion Norwegian kroner (about US$4.5 billion or SDR 3 billion) of financial resources to the IMF to support the Fund’s ability to provide timely and effective balance of payments assistance to its members in the current crisis. Staff and Norges Bank representatives have now reached agreement on a draft borrowing agreement, the text of which is set forth in the Attachment (“the Agreement”).
Download or read book Poverty Reduction and Growth Trust 2023 Borrowing Agreements with the Government of Australia the People s Bank of China the Bank of Finland the Banque De France De Nederlandsche Bank NV the Norwegian Ministry of Finance Representing the Kingdom of Norway Sveriges Riksbank and the Government of the United Kingdom written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2023-10-06 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents the second set of PRGT borrowing agreements that have been finalized through April 2023 as part of the loan mobilization round launched in July 2021 to cover the cost of pandemic-related lending and support the self-sustainability of the Poverty Reduction and Growth Trust (PRGT). Seven of the eight agreements presented use SDRs in the context of SDR channeling. Together these agreements provide a total of SDR 5.1 billion in new PRGT loan resources for low-income countries (LICs).
Download or read book Borrowing Agreement with the Government of Canada written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2009-10-06 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents for the approval of the Executive Board a draft borrowing agreement between the Government of Canada and the Fund. The Government of Canada announced its willingness to lend up to $10 billion to the Fund to support the Fund’s ability to provide timely and effective balance of payments assistance to its members in the context of the summit of the Leaders of the Group of Twenty (G-20) in early April. Staff and the Canadian authorities have now reached agreement on a draft borrowing agreement, the text of which is set forth in the Attachment (the “Agreement”). The Agreement would make an important contribution to the multilateral effort to ensure the adequacy of the Fund’s financial resources, adding to the resources already available to the Fund from the borrowing agreements with Japan and Norges Bank that were approved by the Board recently. It is also expected that borrowing agreements with other members will be proposed for Board approval soon.
Download or read book Poverty Reduction and Growth Trust 2016 Borrowing Agreements with Danmarks Nationalbank the Norwegian Ministry of Finance Representing the Kingdom of Norway and the Sveriges Riksbank written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2016-11-30 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT or Trust),entered into an amendment of the 2010 borrowing agreement with Danmarks Nationalbank, and new borrowing agreements with the Norwegian Ministry of Finance representing the Kingdom of Norway and the Sveriges Riksbank (hereafter Denmark, Norway, and Sweden, respectively), by which the counterparties will provide new resources to the Loan Accounts of the PRGT in the total amount of SDR 1.1 billion (see attachments). The augmentation under the amendment and the two new agreements are the first three loan contributions to be concluded in the context of the current Board-endorsed effort to raise SDR 11 billion in new PRGT loan resources. These amendment and new agreements became effective on November 17, 2016.
Download or read book Report and Accounts written by Norges bank and published by . This book was released on 2001 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bulletin Norges Bank written by Norges bank and published by . This book was released on 1957 with total page 884 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Monetary Fund Annual Report 2013 Financial Statements written by International Monetary Fund. Secretary's Department and published by International Monetary Fund. This book was released on 2013-10-01 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF's 2013 Annual Report chronicles the response of the Fund's Executive Board and staff to the global financial crisis and other events during financial year 2013, which covers the period from May 1, 2012, through April 30, 2013. The print version of the Report is available in eight languages (Arabic, Chinese, English, French, German, Japanese, Russian, and Spanish), along with a CD-ROM (available in English only) that includes the Report text and ancillary materials, including the Fund's Financial Statements for FY2013
Download or read book The Fund s Liquidity Position Review and Outlook written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2010-04-22 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes a new trust fund that would enable the IMF to join international debt relief efforts for Haiti and other low-income countries hit by similar catastrophic disasters. Following the devastation caused by the recent earthquake in Haiti, an international consensus emerged that creditors should consider full debt relief to support Haiti’s recovery. Haiti’s debt to the IMF stands at SDR 178 million.
Download or read book An Assessment of the Global Impact of the Financial Crisis written by P. Arestis and published by Springer. This book was released on 2010-12-14 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: This topical volume analyzes the impact of the 2008 financial crisis. It considers the origins and explanations of the current crisis, examines the regulatory implications and, with specific focus on developing countries, it provides a strategy for economic growth that can guarantee financial stability in the future.
Download or read book The Origins and Nature of Scandinavian Central Banking written by Steffen Elkiær Andersen and published by Springer. This book was released on 2016-11-01 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the formation and evolution of Scandinavian central banks. It begins by defining the nature of “central banking” in general, before moving on to investigate how and when it became meaningful to regard today’s Scandinavian central banks as such. It also explores how Scandinavian central banks have conformed to the defined ideals of “central banks” over the last 100 years, clarifying the distinctions between commercial banks and central banks, and between central banks and departments of governments. The author shows how the outbreak of the Great War was the catalyst which fundamentally transformed the originally purely commercial banks into “central banks”. The book also analyses how different the three Scandinavian central banks are, how these differences can be explained by the different political and economic circumstances surrounding their original formation, and the differences in the political environments in which they later developed.
Download or read book Norges Bank 1816 2016 written by Einar Lie and published by Oxford University Press, USA. This book was released on 2020-04-23 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Norges Bank has been an integrated part of Norwegian economic development from the complicated birth of the new nation-state after the Napoleonic wars to the present nouveau-richness of the Norwegian oil economy. This book traces its 200-year history, focusing on its relations with political institutions that have shaped and reshaped the bank's role since its establishment in 1816. In the first fragile years of the new nation, Norges Bank took centre stage in the discussion on how to reconstruct a collapsed monetary system, and how trust and resources should support the core financial function of the State apparatus. The financial and political role of the bank came to the fore from the late 1800s and peaked during the turbulent interwar years of the 1920s, after which the bank became the foremost defender of the monetary order and the gold standard, in bitter conflict with the emerging Labour Party. The blow that the Second World War delivered to central bank independence left the bank firmly subordinated to the Ministry of Finance. Not until 1986 was larger autonomy in monetary policy granted, and since then the bank's weight and responsibilities have continued to expand with its position as manager of the Norwegian oil fund. The bank's role has been largely defined by perceptions of what kind of financial services Norway needed, how economic policy was coordinated, and how discretionary power was distributed between the elected bodies, the executive branch, and underlying institutions with a defined mandate. The central aim of this book is to trace and explain these changes over the past two centuries.
Download or read book Historical Dictionary of the International Monetary Fund written by Sarah Tenney and published by Scarecrow Press. This book was released on 2011-05-01 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: In its more than 65 years of existence, the International Monetary Fund has evolved from a small, obscure international agency, with new and uncertain responsibilities, into a powerful institution that today has assumed center stage in the international monetary system. It is a remarkable story of how an institution has developed and adapted itself to an evolving world and a changing membership in ways that perhaps no other international agency has been forced or able to do. The third edition of the Historical Dictionary of the International Monetary Fund provides a comprehensive overview of the fund, including a chronology, an introductory essay, appendixes, a bibliography, and over 300 cross-referenced dictionary entries on the organizations, significant leaders, founders, and members. This book is an excellent access point for students, researchers, and anyone wanting to know more about the International Monetary Fund.
Download or read book Annual Report written by Norges bank and published by . This book was released on 2008 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Monetary Fund Annual Report 2012 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-09-20 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF's 2012 Annual Report chronicles the response of the Fund's Executive Board and staff to the global financial crisis and other events during financial year 2012, which covers the period from May 1, 2011, through April 30, 2012. The print version of the Report is available in eight languages (Arabic, Chinese, English, French, German, Japanese, Russian, and Spanish), along with a CD-ROM (available in English only) that includes the Report text and ancillary materials, including the Fund's Financial Statements for FY2012.
Download or read book A Monetary History of Norway 1816 2016 written by Øyvind Eitrheim and published by Cambridge University Press. This book was released on 2016-12-22 with total page 655 pages. Available in PDF, EPUB and Kindle. Book excerpt: Historical narrative integrated with graphs based on a unique dataset chronicle the last 200 years of monetary history in Norway.
Download or read book Financial Stability written by and published by . This book was released on 2008 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book IMF Financial Operations 2016 written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2016-11-04 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: IMF Financial Operations 2016 provides a broad introduction to how the IMF fulfills its mission through its financial activities. It covers the financial structure and operations of the IMF and also provides background detail of the financial statements for the IMF's activities during the most recent financial year. This publication (currently in its third edition) updates a previous report entitled Financial Organization and Operations of the IMF, first published in 1986 and last issued in 2001 (the sixth edition). That 2001 report reflected the seismic shifts in the global economy and in the IMF's structure and operations that occurred after the fall of the Soviet Union and the various currency and financial crises of the 1990s. This revised and updated report covers more recent developments, including reform of the IMF’s income model, measures taken in response to the global financial crisis of 2007–09, and the institutional reforms aimed at ensuring that the IMF's governance structure evolves in line with developments in the global economy.
