The IMF granted standby credit in September 1995, but Belarus has fallen off the program and did not receive the second tranche of funding, which had been scheduled for regular intervals throughout 1996.

On March 1, 2001, the IMF Board granted the country $ 103 million for 2001 – 03 under the Poverty Reduction and Growth Facility ( PRGR ).

The IMF granted Comoros a new credit for US $ 1. 9 million in March 1994 under the Structural Adjustment Facility.

Marek Marian Belka (; b. 9 January 1952 in Łódź ) is a Polish professor of Economics, a former Prime Minister and Finance Minister of Poland, former Director of the International Monetary Fund's ( IMF ) European Department and current Head of National Bank of Poland.

In 2007, he was proposed by Poland as managing director of the IMF, but the European Union ( EU ) finally decided to advance French former minister Dominique Strauss-Kahn's candidacy.

The United States has encouraged Belarus to conclude and adhere to agreements with the International Monetary Fund ( IMF ) on the program of macroeconomic stabilization and related reform measures, as well as to undertake increased privatization and to create a favorable climate for business and investment.

Déby, in the mid-1990s, gradually restored basic functions of government and entered into agreements with the World Bank and IMF to carry out substantial economic reforms.

Structural adjustment programs with the World Bank and IMF and interest-free credits to support investments in the agriculture, livestock, and transportation sectors have had limited impact.

The World Bank and IMF are now encouraging the government to concentrate exclusively on implementing much-needed economic reforms to jump-start the economy and defining its fundamental priorities with the aim of alleviating poverty.

A number of International Monetary Fund ( IMF ) and World Bank missions have met with the new government to help it develop a coherent economic plan but associated reforms are on hold.

A number of IMF and World Bank missions have met with the government to help it develop a coherent economic plan, and President Kabila has begun implementing reforms.

Following the completion of a one-year stand-by program with the International Monetary Fund ( IMF ) in December 2001, Ecuador successfully negotiated a new $ 205 million stand-by agreement with the IMF in March 2003.

* IMF Executive Board Concludes Consultation with Eritrea February 2005

Gabon has earned a poor reputation with the Paris Club and the International Monetary Fund ( IMF ) for poor management of its debt and revenues.

Despite the severe damage the economy of Georgia suffered due to civil strife in the 1990s, Georgia, with the help of the IMF and World Bank, has made substantial economic gains since 2000, achieving robust GDP growth and curtailing inflation.

Under a one-year standby agreement with the International Monetary Fund ( IMF ) in January 1979, the government promised to undertake economic reforms, including a reduction of the budget deficit, in return for a $ 68 million IMF support program and $ 27 million in IMF Trust Fund loans.

In April 1983, in coordination with the IMF, the PNDC launched an economic recovery program, perhaps the most stringent and consistent of its day in Africa, aimed at reopening infrastructural bottlenecks and reviving moribund productive sectors — agriculture, mining, and timber.

Under the government ’ s post-conflict economic and financial program, implemented with IMF and World Bank input, real GDP recovered in 1999 by almost 8 %.

Government agreement with the International Monetary Fund ( IMF ) on a staff monitored program ( SMP ), followed by its payment of its $ 32 million arrears to the IDB in July, paved the way for renewed IDB lending.

The IDB, IMF, and World Bank also discussed new lending with the government.

Flores inaugurated International Monetary Fund ( IMF ) programs of reform and modernization of the Honduran Government and economy, with emphasis on maintaining the country's fiscal health and improving international competitiveness.

Due to high demand in import goods, Hungary also had a high trade deficit and budget gap, and it could not reach an agreement with the IMF, either.

On 27 October 2008, Hungary reached an agreement with the IMF and EU for a rescue package of US $ 25 billion, aiming to restore financial stability and investors ' confidence.

Mahathir combated it initially with IMF approved policies.

By 1976, Zambia had a balance-of-payments crisis, and rapidly fell into debt with the International Monetary Fund ( IMF ).

In October 1997, Indonesia and the International Monetary Fund ( IMF ) reached agreement on an economic reform program aimed at macroeconomic stabilization and elimination of some of the country's most damaging economic policies, such as the National Car Program and the clove monopoly, both involving family members of President Soeharto.

In 1955 Stroessner fired the country's finance minister, who was unwilling to implement reforms, and in 1956 accepted an International Monetary Fund ( IMF ) stabilization plan that abolished export duties, lowered import tariffs, restricted credit, devalued the currency, and implemented strict austerity measures.

It has been argued that, rather than imposing such polices after a crisis, the international financial system architecture needs to be reformed to avoid some of the risks ( e. g., hot money flows and / or hedge fund activity ) that some people hold to destabilize economies and financial markets, and lead to the need for stabilization policies and, e. g., IMF interventions.

There is some evidence that IMF stabilization programs do have a positive impact on the balance of payments and the current account.

The United States has encouraged Belarus to conclude and adhere to agreements with the International Monetary Fund ( IMF ) on the program of macroeconomic stabilization and related reform measures, as well as to undertake increased privatization and to create a favorable climate for business and investment.

The Government of Hungary no longer requires IMF financial assistance and has repaid all of its debt to the fund.

British economist John Maynard Keynes imagined that the IMF would be a cooperative fund upon which member states could draw to maintain economic activity and employment through periodic crises.

Wilson and Callaghan refused a contingency fund offered from the IMF because of several conditions attached.

An allegation emerging from a Swiss investigation links Roman Abramovich, through a former company, and numerous other Russian politicians, industrialists and bankers to using a US $ 4. 8 billion (€ 3. 4 billion ) loan from International Monetary Fund as personal slush fund ; an audit sponsored by the IMF itself determined that all of the IMF funds had been used appropriately.

Greece was faced with imminent insolvency – would be unable to either make current debt payments or borrow to fund government obligations unless it received urgent large loans from the International Monetary Fund ( IMF ) and the European Central Bank ( ECB ).

In August 1998, as part of its wider remit to protect the currency, the Authority lent the Thai Government US $ 1 billion from the fund as part of a 17 billion bailout organised by the International Monetary Fund ( IMF ).

John Maynard Keynes helped conceive of the IMF as a fund to help developing countries grow at full employment.

The IMF mainly lends to countries that have balance of payment problems ( they can not pay their international debts ), while the World bank offers loans to fund particular development projects.

The IMF and World Bank agree that vultures endanger the gains made by debt relief to poorest countries “ The Bank has already delivered more than US $ 40 billion in debt relief to 30 of these countries … thanks to this, countries like Ghana can provide micro-credit to farmers, build classrooms for their children, and fund water and sanitation projects for the poor ” wrote World Bank Vice President Danny Leipziger in 2007 “ Yet the activities of vulture funds threaten to

That same month, the World Bank and IMF agreed to fund $ 1. 5 billion in writing off the Liberia's multilateral debt.

In 2004, according to IMF estimates, GDP per capita in Eritrea was only US $ 130.

This view suggested an IMF that helped governments and to act as the US government had during the New Deal in response to World War II.

Nehru had a powerful ally in the US president Dwight Eisenhower who, if relatively silent publicly, went to the extent of using America ’ s clout in the IMF to make Britain and France back down.

In 1994 the World Bank, the International Monetary Fund ( IMF ), and the United States Environmental Protection Agency agreed to give Kazakhstan US $ 62 million to help the country overcome ecological problems.

Paraguay paid US $ 412 million in debt service to the IMF in 2004.

As Romania's foreign debt sharply increased between 1977 and 1981 ( from 3 to 10 billion US dollars ), the influence of international financial organisations such as the IMF and the World Bank grew, conflicting with Nicolae Ceauşescu's autarchic policies.

As they can only be exchanged for euros, Japanese yen, pounds sterling, or US dollars, SDRs may actually represent a potential claim on IMF member countries ' nongold foreign exchange reserve assets, which are usually held in those currencies.

The IMF fixes the value of one SDR in terms of US dollars daily.

The latest US dollar valuation of the SDR is published on the IMF web site.

New IMF, World Bank and Africa Development Bank ( ADB ) lending must await the willingness of Togo's traditional donors – the European Union, principally, but the US also – to resume aid flows.

In the 1990s, following the lifting of the US veto on multilateral loans to the country, Vietnam became a member of the World Bank, the International Monetary Fund ( IMF ), and the Asian Development Bank.

A key component of the US $ 2. 3 billion package — US $ 300 million in concessional financing — has been withheld pending renewal of Yemen ’ s PRGF with the IMF, which is currently under negotiation.

The IMF is also assigned to bring down corrupt politicians and dictators of Third World countries uninvolved in the Cold War, such as a particularly brutal practitioner of apartheid, or corrupt Central or South American nations, as well as organized crime figures, corrupt businessmen and politicians in the US.

By 1990, the year Comoros concluded negotiations with the IMF for an economic restructuring program, the republic's total external public debt was US $ 162. 4 million, an amount equal to about three-quarters of GNP.

The revolt in the Arab world is against not merely a resident dictator, but a worldwide economic tyranny, designed by the US Treasury and imposed by the US Agency for International Development, the IMF and the World Bank, which have ensured that rich countries such as Egypt are reduced to vast sweatshops, with 40 per cent of the population earning less than $ 2 a day.

The term Washington Consensus was coined in 1989 by the economist John Williamson to describe a set of ten relatively specific economic policy prescriptions that he considered constituted the " standard " reform package promoted for crisis-wracked developing countries by Washington, D. C .- based institutions such as the International Monetary Fund ( IMF ), World Bank, and the US Treasury Department.

Also critical of the policies as actually promoted by the IMF have been some US economists, such as Joseph Stiglitz and Dani Rodrik, who have challenged what are sometimes described as the ' fundamentalist ' policies of the IMF and the US Treasury for what Stiglitz calls a ' one size fits all ' treatment of individual economies.

Similar tactics on the part of both protesters and police were repeated at subsequent meetings of the WTO, IMF / World Bank, Free Trade Area of the Americas, and other international organizations, as well as the Democratic and Republican National Conventions in the US.