Global Trade Liquidity Program

pending

The project is to establish the Global Trade Liquidity Pool Program or “GTLP” as part of IFC’s multi-faceted global financial crisis response. The GTLP is a funded trade finance program of up to $8 billion that will be mobilized and disbursed in phases to provide IFC with a flexible platform from which to support the extension of funded trade financing to under-served clients globally. The proposed total IFC investment would be up to $2 billion, which will be match funded with resources from other DFIs and IFIs, and several international banks with an established footprint in emerging markets trade finance. The objective is for the Corporation to quickly mobilize and channel liquidity as part of its multi-faceted crisis response package to specifically help address the liquidity constraint on global trade finance. The GTLP will be designed to provide funding on a global basis for diversification, and will be operational to be co-terminous with the financial crisis.