Proposal to Distribute Remaining Windfall Gold Sales Profits and Strategy to Make the Poverty Reduction and Growth Trust Sustainable »
Series: Policy Papers
Author(s): International Monetary Fund. Finance Dept.;International Monetary Fund. Legal Dept.;International Monetary Fund. Strategy, Policy, & Review Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 17 September 2012
Keywords: Administered accounts, Executive Board decisions, Gold sales by Fund, Poverty Reduction and Growth Trust, Profits, Resource allocation, Subsidy accounts, Use of Fund resources, Financial statements, Gold sales
This paper revisits the use of the remaining gold sales windfall profits (SDR 1.75 billion). Directors previously considered three main options: using them as part of a strategy to boost the capacity of the PRGT; c...