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The Fund has proposed a new matrix-type framework for determining borrowing limits in Fund programmes. Instead of the one-size fits all approach, the Fund proposes that nonconcessional borrowing limits reflect low income countries’ capacities, as measured by its CPIA rating, and its external debt distress rating resulting from the DSF DSAs.
For more information go to www.imf.org/external/np/pp/en
Three, of the eleven students participating at the recent HIPC CBP Distance Learning Residential Workshop, completed their programmes with distinctions.The residential workshop was held for participating MEFMI and WAIFEM countries. The residential workshop for the CEMLA and Pole Dette workshops will take place in the next two months. See more information on the HIPC distance learning programme