The cabinet authorized Finance Minster, Umayya Toukan, to discuss and negotiate with the IMF to enable the kingdom to benefit from the Extended Fund Facility program after the end of the current three-year stand-by arrangement
(SBA), which expires in August.
We think that the authorities will use this opportunity to announce a new precautionary stand-by arrangement
with the IMF, covering two years and aimed at restructuring state-owned enterprises.
The Executive Board of the International Monetary Fund (IMF) has approved a 24-month Stand-By Arrangement
for an amount equivalent to Special Drawing Rights (SDR) 1.
Aa memorandum of understanding (MoU) defines the conditions for the disbursement, namely a satisfactory track record in the implementation of the stand-by arrangement
with the International Monetary Fund and the fulfilment of specific conditions related to each tranche.
TUNIS (TAP)- "Tunisia is in talks with the International Monetary Fund (IMF) ahead of a Stand-By Arrangement
(SBA) of 2.
In light of the unfolding developments on the ground, the Egyptian authorities have asked to postpone their request for a Stand-By Arrangement
with the IMF," an International Monetary Fund spokeswoman said.
Finance Ministry official told that at a time when country entered in a Stand-by Arrangement
(SBA) facility with the IMF in November 2008 dollar valued about Rs79, which has by now jumped to Rs.
At the request of the Ukrainian authorities, the IMF mission scheduled to visit Kyiv on December 7-17 to initiate discussions on a Stand-By Arrangement
(SBA) will be rescheduled to the second half of January," Max Alier, the IMF resident representative in Ukraine, said in a statement.
The United Nations Stand-by Arrangement
System (UNSAS) was established in 1994, to promote more efficient peacekeeping operations.
The deposits include Hungarya[euro](tm)s drawn and unused funds from the already expired IMF-EU stand-by arrangement
9 billion, 21/2-year stand-by arrangement
to aid the country&'s faltering economy.
An IMF statement issued later stated that its Executive Board, which met in Washington the other day, completed fourth review of Pakistan's economic performance under a stand-by arrangement
to help the country address increased balance of payment needs.