Sentence examples for standby arrangement from inspiring English sources

But the IMF standby arrangement expired in May.

The target had been agreed with the IMF, which in November 2008 approved a standby arrangement of $11.3 billion for Pakistan.

You see, the economic projections that accompanied the standby arrangement assumed that Greece could impose harsh austerity with little effect on growth and employment.

(C) Faced with untenable budgetary deficits, high inflation, and hemorrhaging foreign exchange reserves, the PPP government had little choice but to agree to an International Monetary Fund Standby Arrangement on November 24.

And Mr Erdogan must be ready to strike a fresh standby arrangement with the IMF to reassure jittery foreign investors.Such an agenda suggests that Mr Erdogan should reach out to the mainstream opposition CHP, which he has been reluctant to do in the past.

To understand the political earthquake in Greece, it helps to look at Greece's May 2010 "standby arrangement" with the International Monetary Fund, under which the so-called troika — the I.M.F., the European Central Bank and the European Commission — extended loans to the country in return for a combination of austerity and reform.

In 2005, just six countries had standby arrangements with the fund, the lowest number since 1975.

For a few, the threat materialised: 20 countries, many in eastern Europe, signed standby arrangements with the IMF and tightened fiscal policy.

If we add up all of the IMF's commitments under the 16 standby arrangements negotiated since the crisis intensified last year, the total is less than $46bn.

But a look at nine "standby arrangements" — its basic short-term loan agreement — negotiated since last September reveals some of the same mistakes it made in the last crisis.

In almost all of its standby arrangements negotiated over the last year, the IMF has included conditions that will reduce output and employment in situations where economies are already shrinking.