31:. IMF lends to its members in both foreign exchange and SDRs. Credit extended in foreign exchange is financed from the quota resources made available to the IMF by members. The creditor benefits as their position increases. When extending credit in SDRs, the IMF transfers reserve assets directly to borrowing members by drawing on the IMF's own holdings of SDRs in the General Resources Account.
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is the mechanism through which the Fund finances its lending and repayment operations, to its members, in the
General Resources Account. It was formerly called the operational budget.
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The members of the Fund can take loans from the IMF with limits corresponding to their
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74:"Financing IMF Transactions Quarterly Report"
50:"Financial Transactions Plan of the IMF"
102:Enhanced structural adjustment facility
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72:International Monetary Fund.
48:International Monetary Fund.
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117:International Monetary Fund
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22:International Monetary Fund
18:Financial Transactions Plan
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97:Reserve Tranche Position
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77:. Retrieved
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79:2011-06-01
58:2011-06-01
35:References
111:Category
91:See also
20:of the
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29:quota
16:The
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