New Arrangements to Borrow


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Related to New Arrangements to Borrow: General Agreement to Borrow

New Arrangements to Borrow

Also called the NAB. A collective agreement among 26 nations and financial institutions and the International Monetary Fund whereby the nations and institutions lend a certain amount of capital to the IMF. The IMF utilizes the funds of the NAB in case its normal funds fall short of its borrowers' needs. It was established following the Mexican economic crisis. See also: General Arrangements to Borrow.
References in periodicals archive ?
3 to implement IMF quota increases and the so-called New Arrangements to Borrow.
The IMF will be able to access these credit lines only once quota resources and the New Arrangements to Borrow (NAB) have been largely exhausted.
Fund's New Arrangements to Borrow (NAB) agreed to expand the NAB, including

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