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This was because economies were starved of the financial facilities they need if they are to function efficiently.
They received a reply from SAIC on March 19 stating its four concerns: Phoenix's solvency, the redundancy and pension costs, and the need for financial facilities.
Contagion is largely a regional phenomenon, and standby financial facilities, used in conjunction with IMF lending, would avoid the need to cobble together ad hoc rescue packages.
These conclusions indicate that an integrated decision-making process is needed and also stress the development of new financial facilities for refurbishment and, especially, the development of less costly solutions that could save scarce resources and incentives.
But the sanctions that bite, specifically the ban on access to American financial facilities, should remain in place until we see whether Myanmar's rulers have a real appetite for change, or are merely tinkering with the scenery.
Such financial facilities in the financial system expedite economic growth by creating financial opportunities (Beck et al. 2012; Chou 2007).
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Gusto is funding those loans off its balance sheet today, but over time, the company expects to create a financial facility to underwrite the product.
Ordinary companies need capital so that they can meet their obligations, but both these companies will have access to a financial facility at the Treasury that will allow them to borrow all the funds they require.
The site was shuttered as a financial facility a quarter-century ago — just around the time that banking metamorphosed into something more closely resembling a corporate casino operation than a trustworthy fortress.
The Secretariat is actively following up on the request from the Plenary Assembly for a dedicated financial facility which may be called the "Healthy Soils" Umbrella Programme.
The Secretariat is actively following up on the request from the Plenary Assembly to establish a dedicated financial facility that may be called the "Healthy Soils Trust Fund".
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