Poverty Reduction and Growth Facility
id:
poverty-reduction-and-growth-facility-300-4508681
title:
Poverty Reduction and Growth Facility
text:
The Poverty Reduction and Growth Facility (PRGF) is an arm of the International Monetary Fund which lends to the world's poorest countries. It was created on September 16, 1999, replacing the Enhanced Structural Adjustment Facility. In 2009 the organization sold 212 metric tons of gold in separate off-market transactions and then gradually sold 191.3 tons of gold to fund the SDR 1ΒΌ billion yearly lending program to the targeted nations.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Poverty_Reduction_and_Growth_Facility
date created:
date modified:
2023-05-05T05:07:29Z
main entity:
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image:
fields total:
13
integrity:
13