The IMF's Resilience and Sustainability Trust (RST), established in 2022, provides affordable long-term financing to help low-income and vulnerable middle-income countries address structural challenges like climate change and pandemic preparedness.
- True
- False
Answer: True
The RST channels voluntary contributions from member countries to provide concessional financing with long maturities. It supports reforms that build resilience to long-term structural risks, complementing traditional IMF lending focused on balance of payments needs.