Selected Decisions and Selected Documents of the IMF, Fortieth Issue -- Fund’s Policy on Lending into Arrears
Prepared by the Legal Department of the IMFAs updated as of April 30, 2019
| ARTICLE V, SECTION 3(a), (b), AND (c) | |||
| Use of Fund Resources | ||||
| Arrears to Creditors and Debt Strategy | ||||
FUND’S POLICY ON LENDING INTO ARREARS … 5. The Fund decides that the deadline for the next review of the Fund’s policy on lending into arrears prescribed by Decision No. 13814-(06/98), adopted November 15, 2006, shall be extended to end-December 2008. (SM/07/394, 12/21/07)1 Decision No. 14036-(08/01), December 27, 2007 1 Decision No. 14235-(09/1), December 31, 2008, provided that reviews of the Fund’s policy of lending into arrears shall have no deadline; they are to be completed “as needed” as defined in the Streamlining Decision. | ||||
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