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Stand-By Arrangements are loans disbursed over one to two years for temporary deficits.
CHRISTINE LAGARDE(France) is the CEO of IMF.
Cristine Lagarde is head of the IMF.
India is the largest market for gold in the world and the production of gold is comparatively less in India. To meet the need gap, IMF is the best place to procure the gold from their reserves. Secondly the gold supplied by IMF would be in the pure form and could fetch the best price int he market.
why is the phillipines a favorite customer of wb,imf,adb
imf
The borrowing country must produce a plan of reform that will overcome the payments problem.
The Extended Fund Facility loan is used to correct structural problems with maturities of greater length,
The IMF wants to fix the economies of countries that need its help.
Emergency Assistance is a loan for natural disasters.
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.
The IMF requires that the borrowing country provide a plan for reform that will ultimately result in resolving the payments problems.
The Compensatory and Contingency Financing Facility is a loan for sudden drops in export earnings.
The IMF has created various loan facilities such as the Trust Fund to provide loans to its poorest member countries.
tuvalu
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.
Quotas are reconsidered every five years and can be increased or decreased based on IMF needs and the prosperity of the member country.