I Role of Export Credits in the Debt Situation An Overview
Author:
International Monetary Fund
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Language:
English
Print Publication Date:
01 Jan 1987
Keywords:
WEFS; export credit agency; a number of agency; OECD series; export credit flow; Export credit financing system; Export credits; Credit; Exchange rate adjustments; Currencies; Bank credit; Asia and Pacific; West Africa; Global; Middle East; Western Hemisphere; Europe; Africa; export credit support; export credit cover; insurance agency; Paris Club agreement; payments difficulty

Abstract

The raison d’être and the primary mandate of official export credit agencies is to facilitate and promote national exports through the direct provision of export credits and/or the guarantee of privately financed transactions. At the same time, each agency operates within the objective that its activities be self-supporting over time. A clear distinction is generally drawn between export credit and cover facilities, which are to be provided on a commercial basis, and aid programs, which are intended to provide concessional finance for development.1

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Cover Officially-Supported Export Credits
Officially-Supported Export Credits
Developments & Prospects, 1988
ISBN:
9781451942569
ISSN:
0258-7440
Publication Date:
01 Jan 1987
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781451942569.083
Pages:
53