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Imf Guidelines (Extended Arrangements)

Volume 33: debated on Tuesday 7 December 1982

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asked the Chancellor of the Exchequer, pursuant to his answer of 30 November, Official Report, c. 159, if he is satisfied with the guidelines of the International Monetary Fund regarding extended arrangements; and how often these guidelines are updated.

[pursuant to his reply, 6 December 1982, c. 346]: The guidelines of the IMF regarding extended arrangements were formulated in September 1974. They were reviewed, and on some occasions amended, in September 1976, June 1979, January 1981 and June 1982. My right hon. and learned Friend is satisfied with the present guidelines, and believes that they represent a clear framework against which individual extended arrangements should be examined and to which they should conform.