general agreement to borrow in a sentence

• So in his speech on Monday, administration officials say, Clinton will endorse dipping into a backup fund, the General Agreement to Borrow.
• The General Agreements to Borrow has about a $ 24 billion line of credit available but hasn't been used since the 1970s.
• It calls for a doubling in size of the General Agreement to Borrow, a $ 29 billion line of credit financed by 11 major industrial nations and Saudi Arabia.
• _IMF General Agreements to Borrow, $ 3.5 billion to prevent international monetary crises caused by developing countries that are unable to pay their bills, usually to large American banks.
• _IMF General Agreements to Borrow, $ 3 . 5 billion to prevent international monetary crises caused by developing countries that are unable to pay their bills, usually to large American banks.
• That line of credit would be used before the IMF taps into the General Agreement to Borrow, or GAB, a $ 23 billion line of credit it already has with several countries.
• Putting together a rescue package would almost certainly involve committing to use the last $ 15 billion left in the IMF's " emergency fuel tank, " a fund called the general agreement to borrow.
• The IMF has about $ 44 billion in cash reserves, $ 36 billion more of gold that could be sold, and another reserve fund known as the General Agreement to Borrow valued at $ 23 billion.
• The G-7 summit agreed to push for an enlargement of the General Agreement to Borrow, or GAB . That's the line of credit extended to the International Monetary Fund by ten major industrial economies, plus Saudi Arabia.
• "To allow us to be fully prepared for future emergencies . . . we should double the resources of the General Agreement to Borrow, " the IMF's fund for such emergencies, to $ 50 billion, he said.
• It's difficult to see general agreement to borrow in a sentence .
• -- The G-7 asks the Group of Ten ( G-10 ) and others to develop financing arrangements with the objective of doubling the amount currently available under the General Agreement to Borrow ( GAB ), to respond to financial emergencies.
• Some delegates suggested that a consensus was developing for a compromise that would expand a dlrs 29 billion IMF reserve fund known as the General Agreements to Borrow, which is composed of resources contributed by the United States and 11 other wealthy countries.
• A year earlier, the finance ministers of these same countries had attended the 3rd APEC finance ministers meeting in Kyoto, Japan, on 17 March 1996, and according to that joint declaration, they had been unable to double the amounts available under the " General Agreement to Borrow " and the " Emergency Finance Mechanism ".
• Then, to enable the IMF to lend heavily to countries suffering sudden capital outflows in return for their taking steps to rebuild investor confidence, the Group of Seven wants to double the $ 28 billion emergency standby credit line that the IMF already has with its 12 richest members, known as the General Agreement to Borrow.
• The major new element in the package would be creation of a proposed " emergency financing mechanism, " a new loan window at the IMF to be financed by doubling current resources of the General Agreements to Borrow, a line of credit created in 1962 that is funded by the United States and 11 other wealthy nations.
• In support of the Bretton Woods system and to exert control over the exchange rate of gold, the United States initiated the London Gold Pool and the General Agreements to Borrow ( GAB ) in 1961 which sustained the system until 1967, when runs on gold and the devaluation of the pound sterling were followed by the demise of the system.
• After the $ 21 billion line of credit made available to South Korea, the IMF has available approximately $ 44 billion in cash and could call on another $ 23 billion in lines of credits it has with several countries, known as the General Agreement to Borrow ( GAB ), and / or sell some of its estimated $ 36 billion in gold.