Selected Decisions and Selected Documents of the IMF, Thirty- Eighth Issue -- Fundís Policy on Lending into Arrears

Prepared by the Legal Department of the IMF
As updated as of February 29, 2016

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ARTICLE V, SECTION 3(a), (b), AND (c)
Use of Fund Resources


  • 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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