The practice of making loans conditional on adopting approved adjustment programmes or policy packages, especially by the International Monetary Fund (IMF).
The condition of the balance of payments under which the original rules of the International Monetary Fund (IMF) allowed countries to devalue their currencies.
A key element in the International Monetary Fund's (IMF) lending mechanism representing the first quarter of a member's quota available under specific conditions.
An international monetary reserve asset created by the IMF, used to supplement member countries' official reserves and defined as a weighted average of various convertible currencies.