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Mr. P. van den Boogaerde

Abstract

Arab financial assistance to developing - particularly Arab - countries rose sharply between 1973 and 1980 but fell gradually through the 1980s, owing mainly to weakening oil prices. As a percent of GNP, however, Arab contributions remain the largest among major donors. This paper surveys the volume and distribution of Arab financing from 1973 to 1989.

International Monetary Fund

Abstract

This pamphlet describes the financial structure and operations of the IMF, as well as the sources of IMF financing, the policies associated with the use of IMF resources, the role of the IMF as trustee to various accounts that are administered by it, and the safeguards established for protecting the IMF's resources. Published in 1990. Extensively revised in 2001 (sixth edition).

International Monetary Fund

Abstract

This pamphlet describes the financial structure and operations of the IMF, as well as the sources of IMF financing, the policies associated with the use of IMF resources, the role of the IMF as trustee to various accounts that are administered by it, and the safeguards established for protecting the IMF's resources. Published in 1990. Extensively revised in 2001 (sixth edition).

International Monetary Fund. Middle East and Central Asia Dept.

IMF Country Report No. 21/66

International Monetary Fund

Abstract

The International Monetary Fund is a cooperative international monetary organization whose members currently include 183 countries of the world. It was established together with the World Bank in 1945 as part of the Bretton Woods conference convened in the aftermath of World War II.

International Monetary Fund

Abstract

The IMF’s resources are held in the General Department, which consists of three separate accounts: the General Resources Account (GRA), the Special Disbursement Account (SDA), and the Investment Account.

International Monetary Fund

Abstract

The SDR Department was established to conduct all transactions in SDRs, following the creation of the new international reserve asset by the IMF in 1969. The Articles require that the General and SDR Departments be kept strictly separate, such that assets in one department cannot be used to meet liabilities of the other, except for the reimbursement of the General Department for the expenses incurred in conducting the business of the SDR Department.1 This separation reflects the fact that the SDR facility is an entirely separate financial mechanism within the IMF. A member of the IMF need not be a member of the SDR Department, though currently all are.

Mr. Alberto Espejo and Ms. Anna Unigovskaya

Debt relief under two international initiatives has helped reduce significantly the debt burden of heavily indebted poor countries in Africa and freed up additional resources for poverty-reducing and social expenditures.