In July 1998, the UDF-led government and the IMF reached agreement on a 3-year loan worth about $ 800 million, which replaced the 14-month stand-by agreement that expired in June 1998.

By December 1997, the IMF had approved a USD $ 21 billion loan, that would be part of a USD $ 58. 4 billion bailout plan.

The IMF approved a $ 22. 6 billion emergency loan on July 13.

Developed in conjunction with the World Bank and the International Monetary Fund ( IMF ), the ERP significantly reduced the government's role in the economy, encouraged foreign investment, enabled the government to clear all its arrears on loan repayments to foreign governments and the multilateral banks, and brought about the sale of 15 of the 41 government-owned ( parastatal ) businesses.

The IMF was impressed by these measures, and guaranteed loan funding for Peru.

The divide is marked by his decision, taken with Prime Minister James Callaghan, to seek an International Monetary Fund ( IMF ) loan and submit the British economy to the IMF supervision.

Under pressure from the European Union, which feared a ‘ run ’ ( selling causing a collapse in value ) of the euro, Ireland was forced to accept a 16-year loan of € 85 billion at just under 6 % interest from IMF and EU itself.

The IMF estimated in their published report that domestic banks would face losses of up to € 35 billion, though the department pointed out this would be partly funded from operating profits and provisions already taken against some loan losses.

The financial crisis and the wave of capital flight led Cavallo to impose a limited account freeze on cash withdrawals on December 1, and four days later, the IMF, IADB and World Bank announced the cancellation of loan tranches of over US $ 5 billion.

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.

October 10, 2008 at G7 Nakagawa proposed in Washington a new emergency International Monetary Fund ( IMF ) loan program to help emerging and small economies such as Iceland, Brazil, Ukraine and Pakistan.

It announced a precautionary loan for El Salvador last month and an IMF team has also been in negotiations with Turkey.

During the G7 meeting of finance ministers in Rome on February 14, 2009, where he signed an agreement to lend an extra $ 100 billion to the IMF that was described as the " largest loan ever made in the history of humanity ", Nakagawa was seen to be slurring his words.

An IMF loan arrangement also depended on privatisation of KPTC, but IMF suspended this in July 1997 over reported concerns of government corruption.

The crisis intensified when, on, the IMF refused to release a billion tranche of its loan, citing the failure of the Argentinean government to reach previously agreed-upon budget deficit targets, and demanded further budget cuts, amounting 10 % of the federal budget.

Despite the probable and most likely reaction of the miners, in order to be eligible for an IMF loan to repay its debts the government was required to close more mines ( 142 which had been closed since 1997 ) and was pending decision on closing additional 112 mines.

While both the International Monetary Fund ( IMF ) and World Bank loan to depressed and developing countries, their loans are intended to address different problems.

India asked for a $ 1. 8 billion bailout loan from the International Monetary Fund ( IMF ), which in return demanded reforms.

At this point the Bank of England had exhausted its foreign reserves trying to prop up the currency, and as a result the Callaghan government felt forced to ask the International Monetary Fund for a £ 2. 3 billion loan, then the largest that the IMF had ever made.

On November 13, 1984, to meet IMF requirements for a US $ 603-million loan renegotiation, Ardito Barletta announced economic austerity measures, including a 7 percent tax on all services and reduced budgets for cabinet ministries and autonomous government agencies including the Defense Forces.

Another source has been the French criticism of Ireland's low corporate taxation rate and the perceived French resistance to conceding an interest rate reduction on the IMF / EU loan arrangement until Ireland " moves " on this rate, which was perceived as interference.

As of October 2012, the IMF has approved a two-year stand-by arrangement of 405. 3 million euro for Bosnia.

The International Monetary Fund ( IMF ) approved an Extended Structure Adjustment Facility in 1998.

Mahathir combated it initially with IMF approved policies.

The credit line was approved after extensive consultations with the IMF in October and December 2010.

On June 23, 2000 the International Monetary Fund ( IMF ) approved a $ 41 million disbursement of its new three year $ 141 million Poverty Reduction and Growth Facility.

In October 2007, the IMF approved an additional poverty reduction and growth facility program in support of the government's economic plans.

To build on the momentum achieved during the two-year period, the International Monetary Fund ( IMF ) approved a three-year ESAF economic program in June 1996.

Under the IMF's Highly Indebted Poor Countries debt relief program, Senegal will benefit from eradication of two-thirds of its bilateral, multilateral, and private sector debt, contingent on the completion of privatization program proposed by the government and approved by the IMF.

In 1997 the International Monetary Fund ( IMF ) approved two programs to increase Yemen ’ s credit significantly: the enhanced structural adjustment facility ( now known as the poverty reduction and growth facility, or PRGF ) and the extended funding facility ( EFF ).

In April 2000, in association with the central Banco Nacional de São Tomé e Príncipe, the IMF approved a poverty reduction and growth facility for São Tomé aimed at reducing inflation to 3 % for 2001, raising deal growth to 4 %, and reducing the fiscal deficit.

In June 2003 the IMF approved 3-year, $ 490-million plan as part of the Poverty Reduction and Growth Facility ( PRGF ) for Bangladesh that aimed to support the government's economic reform program up to 2006.

Although he failed to meet these goals, the IMF approved a $ 154 million disbursement to Peru in December 2002 and allowed the country to raise the fiscal deficit target in its agreement.

The IMF approved on 20 August 1997, another bailout package of $ 3. 9 billion.

PRSPs provide lending organizations, like the World Bank and the IMF, assurance that aid receiving countries will utilize aid to pursue development outcomes that have been elaborated in the PRSPs and approved by lenders.

This means that the PRSP might be approved by the IMF and World Bank regardless of the lack of true civil society participation in its making.

Common targets include the World Bank ( WB ), International Monetary Fund ( IMF ), the Organisation for Economic Co-operation and Development ( OECD ) and the World Trade Organization ( WTO ) and free trade treaties like the North American Free Trade Agreement ( NAFTA ), Free Trade Area of the Americas ( FTAA ), the Multilateral Agreement on Investment ( MAI ) and the General Agreement on Trade in Services ( GATS ).

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 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.

Membership in International Organizations: The major organizations in which Colombia is a member include: the Agency for the Prohibition of Nuclear Weapons in Latin America and the Caribbean, Andean Pact, Caribbean Development Bank, Economic Commission for Latin America and the Caribbean, Food and Agriculture Organization of the United Nations, Group of 3, Group of 11, Group of 24, Group of 77, Inter-American Development Bank, International Atomic Energy Agency, International Bank for Reconstruction and Development, International Chamber of Commerce, International Civil Aviation Organization, International Criminal Police Organization, International Development Association, International Finance Corporation, International Fund for Agricultural Development, International Labour Organization, International Maritime Organization, International Maritime Satellite Organization, International Monetary Fund ( IMF ), International Olympic Committee, International Organization for Migration, International Organization for Standardization, International Telecommunication Union, International Telecommunications Satellite Organization, International Trade Union Confederation, Latin American Economic System, Latin American Integration Association, Latin Union, Non-Aligned Movement, Organization of American States ( OAS ), Permanent Court of Arbitration, Rio Group, United Nations ( UN ), UN Conference on Trade and Development, UN Educational, Scientific and Cultural Organization, UN Industrial Development Organization, UN Office of the High Commissioner for Refugees, Universal Postal Union, World Confederation of Labour, World Federation of Trade Unions, World Health Organization, World Intellectual Property Organization, World Meteorological Organization, World Tourism Organization, and World Trade Organization.

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.

* Voted NO on $ 156M to IMF for 3rd-world debt reduction.

It also serves on the World Trade Organization ( WTO ), in addition to the Interamerican Development Bank ( IDB ), World Bank, International Monetary Fund ( IMF ), Corporacion Andina de Fomento ( CAF ) and other multilateral agencies.

IMF missions ( related to the now lapsed EFF program ) have criticized the government for over-spending on off-budget items ( in good years and bad ), over-borrowing from the Central Bank, and slipping on the schedule for privatization and administrative reform.

In 1997, an IMF mission to Gabon criticized the government for overspending on off-budget items, over-borrowing from the central bank, and slipping on its schedule for privatization and administrative reform.

A 2007 IMF report on the regulatory environment and anti-money laundering has once again endorsed Gibraltar ’ s robust regulatory environment.

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.

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.

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 August 1998, Indonesia and the IMF agreed on an Extended Fund Facility ( EFF ) under President B. J Habibie that included significant structural reform targets.

The International Monetary Fund ( IMF ) is an international organization that was created on July 22, 1944 at the Bretton Woods Conference and came into existence on December 27, 1945 when 29 countries signed the Articles of Agreement.

There were two views on the role the IMF should assume as a global economic institution at the Bretton Woods Conference.

American delegate Harry Dexter White foresaw an IMF that functioned more like a bank, making sure that borrowing states could repay their debts on time.

The IMF was formally organized on December 27, 1945, when the first 29 countries signed its Articles of Agreement.

The IMF insisted that the Zambian government should focus on stabilizing the economy and restructuring it to reduce dependence on copper.