Format:
Online-Ressource (64 p)
Edition:
Online-Ausg.
ISBN:
1451965028
,
9781451965025
Series Statement:
Pamphlet Series
Content:
This paper discusses the promotion of IMF Stand-By Arrangements (SBAs), the drafting of private loan agreements, and order in international finance. The IMF approves a SBA or an extended arrangement for the benefit of a member country of the IMF only if the member presents to the IMF a letter of intent in which it sets forth a program of financial and economic adjustment that is likely to solve a present, or to fend off a possible balance-of-payments or reserve problem. A purchase is made in return for the purchasing member's currency. An extended arrangement is a variant that is in use for the purposes of a particular policy of the IMF
Additional Edition:
Erscheint auch als Druck-Ausgabe Order in international Finance, the promotion of IMF Stand-By Arrangements, and the Drafting of Priv Loan Agreements Washington, D.C. : International Monetary Fund, 1982 ISBN 9781451965025
Language:
English
DOI:
10.5089/9781451965025.054
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