Poverty Reduction and Growth Trust—Guidance Note on Enhanced Safeguards or Debt Sustainability And Capacity To Repay
New enhanced safeguards for debt sustainability and capacity to repay that would apply to requests for new Poverty Reduction and Growth Trust (PRGT) arrangements or augmentations above certain access thresholds and for countries like Uganda at high risk of debt distress or in debt distress. The safeguards were introduced in the context of increases in PRGT access limits, in recognition of the need for stronger safeguards to mitigate risks associated with higher Fund lending.