Search results
Results from the WOW.Com Content Network
The IMF Stand-By Arrangement (SBA) is an economic program of the International Monetary Fund (IMF) involving financial aid to a member state in need of financial assistance, normally arising from a financial crisis. In return for aid, the economic program stipulates needed reforms in the recipient country aimed at bringing it back on a path of ...
On July 8, 2009, the IMF approved a 36 month long Stand-By Arrangement program for Bosnia and Herzegovina worth 1.01 billion SDR, or around US$1.57 billion. [12] This arrangement was aimed at mitigating the negative impacts of the 2008 global financial crisis on the country, and made 182.63 million SDR, or US$282.37, immediately available. [ 12 ]
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability.
Greece has signed two loan agreements with the IMF: a Stand-By Arrangement from 2010 to 2012 and an agreement under the Extended Fund Facility from 2012 to 2016, borrowing a total of 27,766.3 million SDR. [4] Greece owes the IMF 6,735.64 million SDR, [4] and is the fund's third-largest borrower (after Argentina and Ukraine). [5]
In its latest World Economic Outlook, the IMF projected global growth of 3.3% in both 2025 and 2026, and said global headline inflation was set to drop to 4.2% in 2025 and 3.5% in 2026, allowing a ...
Flag of Argentina. Argentina joined the International Monetary Fund (IMF) on September 20, 1956 [1] and has since participated in 21 IMF Arrangements. [2] The first Stand-By Arrangement (SBA) began on December 2, 1958, and the most recent Stand-By Arrangement began on June 20, 2018, and expired on June 19, 2021. [3]
The International Monetary Fund (IMF) said on Tuesday it had reached a staff-level agreement with Mali for about $120 million in emergency financing, as the West African country is struggling with ...
The IMF predicted global growth of 3.3% in both 2025 and 2026, below a historical average of 3.7%. Its 2025 forecast was largely unchanged from a previous one, mainly because it expects higher US ...