Borrowing Agreement with the Government of Japan.

The Prime Minister of Japan announced Japan's willingness to lend up to USD 100 billion to the Fund to help overcome the current crisis in the lead up to the November 2008 summit of the Leaders of the Group of Twenty. The loan proposed by the Government of Japan would make a substantial contrib...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2009.
Series:Policy Papers; Policy Paper ; No. 2009/076
Subjects:
Acceso en liña:Full text available on IMF
Descripción
Summary:The Prime Minister of Japan announced Japan's willingness to lend up to USD 100 billion to the Fund to help overcome the current crisis in the lead up to the November 2008 summit of the Leaders of the Group of Twenty. The loan proposed by the Government of Japan would make a substantial contribution to the multilateral effort to ensure the adequacy of the Fund's financial resources. The Government of Japan intends that the proposed loan be used to support the Fund's ability to provide timely and effective balance of payments assistance to its members in the current global financial turbulence, including to the emerging market economies that are expected to continue their roles as drivers of global growth.
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Descrición Física:1 online resource (15 pages)
Formato:Mode of access: Internet
ISSN:2663-3493
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