Those factors that need to be addressed "will take time, and thatآ's why the board decided on this four-year EFF to support the government of Tunisia in the long standing issues," he said instead of the Stand-By Arrangements
(SPA) IMF programs which are for shorter period of times.
New York, May 27 -- Sri Lanka became the 63rd country to sign a Memorandum of Understanding on stand-by arrangements for United Nations peacekeeping operations.
The United Nations Stand-by Arrangement System (UNSAS) was established in 1994, to promote more efficient peacekeeping operations.
Nicki Bennett, Senior Humanitarian Affairs Officer, OCHA, Pakistan, said that UN had taken all the stand-by arrangements
to grapple with floods in Sindh and half-a-million people in the vulnerable districts of Sindh were relocated to safer avenues.
Turkey has signed 19 stand-by arrangements with the IMF, but it could successfully complete only the last two of them.
Turkish officials and an IMF delegation have been negotiating on a possible loan deal for months after Turkey completed in May 2008 a 10-billion USD stand-by arrangement with the Washington-based lender.
IMF stand-by arrangements are intended to provide short-term assistance to countries with balance of payments difficulties in exchange for their adoption of policies to tackle the issue.
The International Monetary Fund (IMF) on Wednesday approved the third and last disbursement of $135 million under its stand-by arrangement signed with the heavily indebted South Asian country.
64 million, will automatically take effect upon the completion by the International Monetary Fund of the final review of a three-year implementation of stand-by arrangements
123 million, will automatically take effect upon the final review of a three-year implementation of stand-by arrangements
is one of the mostly-used IMF mechanisms.