St. Vincent and the Grenadines [electronic resource] : Request for Disbursement under the Rapid Credit Facility.

By: International Monetary FundMaterial type: TextTextSeries: IMF Staff Country Reports; Country Report ; No. 11/344Publication details: Washington, D.C. : International Monetary Fund, 2011Description: 1 online resource (54 p.)ISBN: 1463929188 :ISSN: 1934-7685Subject(s): Balance of Payments | Current Account | Debt Service | Hurricane | Reconstruction | Saint Vincent and the GrenadinesAdditional physical formats: Print Version:: St. Vincent and the Grenadines : Request for Disbursement under the Rapid Credit FacilityOnline resources: IMF e-Library | IMF Book Store Abstract: The Executive Board of the IMF on July 25, 2011, has approved a disbursement of an amount equivalent to SDR 1.245 million under the Rapid Credit Facility (RCF) for St. Vincent and the Grenadines to help the country meet the urgent balance-of-payments need caused by torrential rains, flooding, and landslides in April that caused extensive damage to infrastructure, agriculture, and housing. The RCF, which provides rapid financial assistance for low-income countries with an urgent balance-of-payments need, does not require any program-based conditionality or review.
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The Executive Board of the IMF on July 25, 2011, has approved a disbursement of an amount equivalent to SDR 1.245 million under the Rapid Credit Facility (RCF) for St. Vincent and the Grenadines to help the country meet the urgent balance-of-payments need caused by torrential rains, flooding, and landslides in April that caused extensive damage to infrastructure, agriculture, and housing. The RCF, which provides rapid financial assistance for low-income countries with an urgent balance-of-payments need, does not require any program-based conditionality or review.

Description based on print version record.

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