Economics · International Financial Institutions

With reference to the lending windows and support facilities of the International Monetary Fund (IMF), consider the following statements: I. The Rapid Credit Facility is intended to provide concessional financial assistance with limited ex post conditionality to low-income countries facing urgent balance-of-payments needs. II. The Precautionary and Liquidity Line is meant for countries with broadly sound fundamentals and policy frameworks that may nevertheless face potential or moderate external pressures. III. The Resilience and Sustainability Facility seeks to support longer-term structural resilience, including climate-related and pandemic-related challenges, rather than serving as a conventional short-term crisis window. Which of the statements given above are correct?