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THE EU ALTERNATIVE INVESTMENT FUND MANAGERS DIRECTIVE: IMPACT ON NON-EU FUND MANAGERS

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The Bank, IMF and World Bank participated in a Government Forum organized in March 2011 to discuss the recently approved Strategy for Arrears Clearance. A major conclusion from the workshop was the importance of reaching agreement on a Staff Monitored Program with the IMF as a critical component of the path towards arrears clearance and debt relief and a grandfathering of Zimbabwe by the IDA Executive Board if it is to benefit from the HIPC Initiative. A Technical Working Group on arrears clearance and external debt strategy comprising the Bank, World Bank, the IMF, UNCTAD and MEFMI was formed by...
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THE EU ALTERNATIVE INVESTMENT FUND MANAGERS DIRECTIVE: IMPACT ON NON-EU FUND MANAGERS

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