FINANCE · FINANCE|financial institutions and credit
- Socrú Réamhchúraim Ardrochtana Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- High-Access Precautionary Arrangement | HAPA
- en
- Definition Type of insurance facility against very large financing needs. Reference IMF Factsheet - IMF Stand-By Arrangement (October 5, 2010), http://www.imf.org/external/np/exr/facts/sba.htm (28.10.2010)
- Comment IMF's Stand-By Arrangement (SBA), created in June 1952, was upgraded in 2009 to be more flexible and responsive to members countries’ needs. Borrowing limits were doubled with more funds available up front, and conditions were streamlined and simplified. The new framework also enables broader high-access borrowing on a precautionary basis.Precautionary arrangements are used when countries do not intend to draw on approved amounts, but retain the option to do so should they need it.
- accord de précaution à accès élevé
- fr
- Definition type de facilité d'assurance du FMI contre de très gros besoins de financement de ses membres Reference Conseil-FR, sur la base de la fiche technique du FMI: Accord de confirmation du FMI, http://www.imf.org/external/np/exr/facts/fre/sbaf.htm [5.11.2010]