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    • Low-income countries

      • The Extended Credit Facility (ECF) provides medium-term financial assistance to low-income countries (LICs) with protracted balance of payments problems. The ECF is one of the facilities under the Poverty Reduction and Growth Trust (PRGT).
      www.imf.org/en/About/Factsheets/Sheets/2023/Extended-Credit-Facility-ECF
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  2. The Extended Fund Facility (EFF) provides financial assistance to countries facing serious medium-term balance of payments problems because of structural weaknesses that require time to address. To help countries implement medium-term structural reforms, the EFF offers longer program engagement and a longer repayment period.

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      Use of the ECF is appropriate in cases where the resolution...

  3. Eligibility. The ECF is available to all PRGT-eligible member countries that face a protracted balance of payments problem, i.e. when the resolution of the underlying macroeconomic imbalances would be expected to extend over the medium or longer term. Duration and repeated use.

  4. Enhanced Structural Adjustment Facility (ESAF): established in 1987, and enlarged and extended in 1994. Designed for low-income member countries with protracted balance of payments problems, ESAF drawings are loans and not purchases of other members’ currencies.

  5. www.elibrary.imf.org › downloadpdf › journalsHandbook of IMF Facilities

    Mar 21, 2012 · ECF Extended Credit Facility . EFF Extended Fund Facility . ENDA Emergency Natural Disaster Assistance . EPA Ex Post Assessment . EPCA Emergency Post-Conflict Assistance . ESF Exogenous Shocks Facility . ESF-RAC Rapid Access Component of the Exogenous Shocks Facility . GRA General Resource Account . HIPC Heavily Indebted Poor Country

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