International Monetary Fund

Anonymous

International Organization, 1963, vol. 17, issue 1, 281-282

Abstract: The International Monetary Fund (IMF) entered into a stand-by arrangement with the government of Haiti authorizing drawings up to the amount of $6 million over the next twelve months in currencies held by the Fund. The stabilization efforts of the Haitian government in recent years, conducted with Fund support, had contributed to the maintenance of internal and external financial stability. However, unusual difficulty had been encountered during the fiscal year just closing, when government revenues fell short of amounts anticipated, the inflow of foreign aid dwindled, and Haiti's international reserve position deteriorated. Haitian authorities had taken steps to strengthen the country's public finances. The Fund had granted annual stand-by arrangements to Haiti since 1958; the country's net drawings amounted to $3.75 million.

Date: 1963
References: Add references at CitEc
Citations: View citations in EconPapers (47)

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:intorg:v:17:y:1963:i:1:p:281-282_15

Access Statistics for this article

More articles in International Organization from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().