Extension of Consultation Cycles Due to COVID-19 Pandemic
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 9 |
Release | : 2020-05-01 |
ISBN-10 | : 9781513542829 |
ISBN-13 | : 1513542826 |
Rating | : 4/5 (29 Downloads) |
Download or read book Extension of Consultation Cycles Due to COVID-19 Pandemic written by International Monetary Fund and published by International Monetary Fund. This book was released on 2020-05-01 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: To better respond to the unprecedented demand from the membership for financing and crisis support in response to the covid-19 pandemic, there is a temporary postponement of staff’s work on Article IV consultations and mandatory Financial Stability Assessments. To ensure the postponement has no adverse impact of members’ compliance with their obligations, the deadlines for upcoming Article IV consultations and for discussions with currency unions have been extended by 6 months. This paper provides additional background on these temporary arrangements.