The Rapid Financing Instrument (RFI) provides rapid financial assistance, available to all member countries facing an urgent balance of payments need. It was created as part of a broader reform to make the IMF's financial support more flexible. Financial assistance under the RFI is provided in the form of outright purchases without the need for a full-fledged program or reviews. The Rapid Credit Facility (RCF) of IMF provides rapid concessional financial assistance to low-income countries (LICs) facing an urgent balance of payments need with no ex post conditionality. The RCF was created under the Poverty Reduction and Growth Trust (PRGT). Both instruments belong to the IMF.