Operations
IMF member countries may utilize the Fund's resources if they find themselves in balance of payments difficulties. Drawings normally will be in the context of policy measures — an adjustment program — intended to correct the balance of payments position and are linked to progress under that program. Technically, use of the Fund's resources takes the form of a member using its own currency to purchase other currencies (or SDRs} held by the IMF. Drawings on the Fund's resources that do not exceed 25 percent of the member's quota normally require that the member make a reasonable effort to overcome its balance of payments problem. Purchases beyond that amount — i.e. drawings in the so-called upper credit tranches — usually are made in the context of an adjustment program. Repayments to the IMF are normally to be made within 3 to 5 years, but under the extended facility the country may have up to 10 years to repay the financing provided by the Fund.
General understanding:
1. What countries was IMF composed of on December
1991?
Who are the governors of IMF's Board of Governors?
Who presides over Executive Board?
How is the managing director elected?
What importance has «quota» for the members of IMF?
What operations could be carried out through IMF?
How have the total subscriptions changed over time?
Английский для Экономистов Агабекян данный файл принадлежит сайту www.crypower.ru
Unit_9_Text 2
- 1)…Английский для Инженеров Полякова
- Interesting facts about canals
- 2)…Английский для Инженеров Агабекян
- Metalworking
- Rolling
- Extrusion
- Английский для Инженеров Агабекян данный файл принадлежит сайту www.Crypower.Ru
- Обработка металлов
- Вращение
- Вытеснение
- Technological processes
- Технологические процессы
- Welding
- Gas Welding
- Arc Welding
- Resistance Welding
- Газовая сварка
- Сварка сопротивления
- Types of welding Non-consumable Electrode Arc welding
- Shielded Metal Arc welding
- Gas-Metal Arc welding
- Виды сварки Непотребляемая Дуговая сварка Электрода
- Огражденная Металлическая Дуговая сварка
- Газово-металлическая Дуговая сварка
- Затопленная Дуговая сварка
- 3)…Английский для Экономистов Агабекян
- My plans for future
- Мои планы относительно будущего
- Imf means international monetary fund
- History
- Мвф имеет в виду международный валютный фонд
- История
- Imf's anatomy
- Operations
- Анатомия мвф
- Операции
- World Bank Group
- Группа Всемирного банка
- 4)…Английский для Технических университетов и вузов
- Спасательные лодки
- Getting into Deep Water
- Voyage to the Bottom of the Sea
- Путешествие к Дну моря
- 5)…Английский для Горных Инженеров
- Ore Mining
- Горная промышленность руды
- Mining and the Environment
- Горная промышленность и окружающая среда
- 43.А) Прочитайте следующее объявление о предстоящей конференции.