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The IMF requires that the borrowing country provide a plan for reform that will ultimately result in resolving the payments problems.
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What are IMF quotas?
IMF is the International Monetary Fund, which is an organization of several countries to facilitate economic growth. An IMF quota is the amount of money which each member country is required to give to the IMF.
Why does the IMF require countries to accept economic policy recommendations along with the loans it gives?
The IMF wants to fix the economies of countries that need its help.
How can quota subscriptions paid by a country to the IMF be increased or decreased?
Quotas are reconsidered every five years and can be increased or decreased based on IMF needs and the prosperity of the member country.
What does conditionality require of countries getting loans from the IMF?
The acceptance of economic policy recommendations
How does the IMF use IMF loans to attempt to control and fix the economies of countries that needs its help?
by imposing conditionally
What are IMF quotas?
IMF is the International Monetary Fund, which is an organization of several countries to facilitate economic growth. An IMF quota is the amount of money which each member country is required to give to the IMF.
Why does IMF require country's to accept economic policy recommendations along with the loans it gives?
The IMF wants to fix the economies of countries that need its help.
What does the inteernational monetary fund imf offer to a less developed country?
The International Monetary Fund often lends money to less developed countries to build infrastructures as a way to encourage development. With a raise in the level of development comes new opportunities for the country to become self-sufficient.
What is the amount of the quota subscription for a country's membership in the IMF based on?
To join the IMF, a country must deposit a sum of money called a quota subscription, the amount of which is based on the wealth of the country's economy.
Why does the IMF require countries that accept its loans to follow its policy recommendations?
The IMF wants to help struggling countries better manage their economies.
Why does IMF require countries that accept its loans to follow its policy recommendation?
The IMF wants to fix the economies of countries that need its help.
Why does the IMF require countries that accept its loans to follow it's policy recommendations?
The IMF wants to help struggling countries better manage their economies.
Why does the IMF require countries to accept economic policy recommendations along with the loans it gives?
The IMF wants to fix the economies of countries that need its help.
Which is the last member country to join IMF?
tuvalu
How can quota subscriptions paid by a country to the IMF be increased or decreased?
Quotas are reconsidered every five years and can be increased or decreased based on IMF needs and the prosperity of the member country.
What does conditionality require of countries getting loans from the IMF?
The acceptance of economic policy recommendations
How do most developing countries use the money loaned to them from the IMF and the World Bank?
Developing countries use the money loaned to them from the IMF and the World Bank to address various economic challenges. They typically allocate the funds towards priority areas such as infrastructure development, poverty reduction programs, education, healthcare, and social welfare initiatives. The specific utilization is determined through consultation with the IMF and World Bank, aiming to promote sustainable economic growth and development in the borrowing country.
