I. Introduction
Author:
Mr. Michael Ainley https://isni.org/isni/0000000404811396 International Monetary Fund

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Language:
English
Print Publication Date:
15 Sep 1984
Keywords:
PAM; Fund; amount; credit arrangement; balance of payments position; distribution of call; line of support; fund in cooperation; Currencies; Credit; Lines of credit; Debt burden; International monetary system; Europe; Global; Eastern Europe; finance transaction

Abstract

The General Arrangements to Borrow (GAB) were established in 1962 by the Fund in cooperation with eight of the major industrial countries and the central banks of two others.1 They were the first credit lines arranged by the Fund to supplement its ordinary, quota-based resources. They initially totaled the equivalent of US$6 billion, which was then the largest single loan agreement ever entered into.2

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Cover The General Arrangements to Borrow
The General Arrangements to Borrow
ISBN:
9781451981278
ISSN:
0538-8759
Publication Date:
15 Sep 1984
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781451981278.054
Pages:
100

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