Lending
Author:
International Monetary Fund
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Language:
English
Print Publication Date:
01 Oct 2015
Keywords:
AR; AREA; country; IMF policy advice; state; efficiency gap; IMF support; member country; IMF training; Oil prices; Financial sector stability; Debt relief; Global; Sub-Saharan Africa; Asia and Pacific; Middle East; Central America; debt conditionality; IMF's policy; financing instrument; debt to the IMF; Credit; Concessional external borrowing; Debt limits

Abstract

IMF loans are meant to help member countries tackle balance-of-payments problems, stabilize their economies, and restore sustainable economic growth. This crisis resolution role is at the core of IMF lending. At the same time, the recent global financial crisis has highlighted the need for effective global financial safety nets to help countries cope with adverse shocks. A key objective of recent lending reforms has therefore been to complement the traditional crisis resolution role of the IMF with additional tools for crisis prevention. Unlike development banks, the IMF does not lend for specific projects.

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Cover International Monetary Fund Annual Report 2015
International Monetary Fund Annual Report 2015
Tackling Challenges Together
ISBN:
9781475544886
ISSN:
2227-8915
Publication Date:
01 Oct 2015
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781475544886.011
Pages:
116