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  • General Arrangements to Borrow (IMF terminology)

Definition: General Arrangements to Borrow

IMF terminology

Long-standing arrangements under which 11 industrial countries stand ready to lend to the International Monetary Fund (IMF) to finance purchases (drawings) that aim at forestalling or coping with a situation that could impair the international monetary system.
Source:
International Monetary Fund (IMF), "Online glossary of selected financial terms" (as per March 15th, 2008), International Monetary Fund, Washington D.C., 2008
Created:
2008-04-01
Updated:
2019-05-10

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