
Episode 19: Yan Liu on the IMF’s Resilience and Sustainability Trust
Sovereign Debt with Jill Dauchy
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Addressing Long-Term Challenges Through the Resilience and Sustainability Trust (RST)
The chapter explores the allocation of Special Drawing Rights (SDRs) to wealthier countries and the establishment of the Resilience and Sustainability Trust (RST) by the IMF to tackle longer-term structural challenges through financing and policy reforms. It discusses the new approach taken to address issues like climate change and pandemics, offering affordable lending for investments with delayed benefits. Additionally, it explains the eligibility criteria for countries to receive longer-term loans from the RST based on income, population size, and balance payment stability risks.
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