Borrowing Agreement with the Government of France

Date: July 29, 2009
Electronic Access: Full Text

Summary:In light of the multilateral effort to ensure the adequacy of the financial resources available to the International Monetary Fund , and with a view to supporting the Fund’s ability to provide timely and effective balance of payments assistance to its members, France agrees to lend to the Fund an SDR-denominated amount up to the equivalent of EUR 11.06 billion, on the terms and conditions set out in this report.

Series : Policy Paper
Subject(s): Borrowing agreements | France | Borrowing by Fund | Borrowed resources use | Fund general resources | Fund approval | Executive Board decisions | Lapse of time approval