Q. Poverty Reduction and Growth Trust (PRGT) is associated with which institution?
Answer:
IMF
Notes: As part of its Global Policy Agenda unveiled at Marrakesh, the International Monetary Fund (IMF) has called for urgent support from members to increase its quota resources and to secure funding for the Poverty Reduction and Growth Trust (PRGT) and Resilience and Sustainability Trust (RST).
The PRGT and RST are concessional lending facilities of the IMF. The PRGT is available to low-income countries that are eligible for the IMF’s concessional financing for poverty reduction, while the RST aims to help low-income and vulnerable middle-income countries build resilience to climate change and other external risks.