Download or read book Update on the Financing of the Fund’s Concessional Assistance and Proposed Amendments to the PRGT Instrument written by International Monetary Fund and published by International Monetary Fund. This book was released on 2014-08-04 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: New commitments under PRGT-supported programs amounted to SDR 0.15 billion in 2013, while disbursements on existing arrangements amounted to about SDR 0.8 billion. However, this lower demand is expected to be temporary. New commitments are projected to rebound to about SDR 1.5 billion in 2014, similar to the level observed in 2012. These projections are subject to considerable uncertainty regarding progress on ongoing program negotiations.