Unlike the Fund's existing Supplementary Reserve Facilityandnew Contingency Credit Line, access to the contagion facility would require an explicit finding by a qualified majority of creditor countries that the crisis was systemic.
The regulation should allow six months after operation begins to prepare and implement a plan for a newfacilityand for acquisition of existing facilities.
The first phase of construction includes early earthwork and concrete foundations for a mill and on-site power plant, expansion of the existing water-supply system, construction and operation of the initial phase of a new tailings facility, and expansion of camp facilities by approximately 6, 600 additional beds for workers.