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IMF
IMF
abbreviation
International Monetary Fund
Example Sentences
After a visit to Germany by several of its officials, the IMF praised the country's "landmark" decision this year to ease strict debt rules, which paved the way to a sharp increase in public spending.
One week later, the Treasury announced a $20 billion currency swap financed through America’s Exchange Stabilization Fund, which Argentina used to make its Nov. 1 IMF debt payment.
But South Africa and other developing countries argue that issues like reducing the cost of borrowing for poorer countries require the input of international institutions like the IMF and cannot be done through one-on-one deals.
"Afghanistan has too many fruits and vegetables it cannot store because there are no refrigerated warehouses," said Torek Farhadi, an economic analyst and former IMF adviser.
A $7 billion IMF bailout helped unlock further loans from friendly nations, staving off collapse.
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