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| Use of Fund Resources | ||||
| Credit Tranche Policies and Facilities | ||||
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General Policies on Use of the Fund’s Resources: Tranche Policies … The Fund’s attitude to requests for transactions within the “first credit tranche”… is a liberal one, provided that the member itself is making reasonable efforts to solve its problems. Requests for transactions beyond these limits require substantial justification. Annual Report of the Executive Directors, 1963, page 161 1 Ed. Note: See also Annual Reports 1953, 1955, 1959, 1961, and 1962. |
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Prepared by the Legal Department of the IMF
Note
- Page number references in the text are to the Forty-Second issue hard copy volume.