Kumin: Az IMF nem fogja rövid pórázra a kormányt

Kumint koztársasági elnöknek!

Hungary may be emulating Turkey with its overture to the IMF, according to London-based economists Tim Ash of Royal Bank of Scotland and Peter Attard Montalto of Nomura. Turkey and the IMF had been discussing a possible stand-by loan accord for more than a year and a half when the government in Ankara announced in March 2010 that it no longer needed a backstop. “In the Turkish case the markets bought it, as keeping the IMF engaged provided some reassurance that in a worst case scenario IMF financing was still close at hand, even if a formal program had not been negotiated,” Ash said in an e-mail. “By keeping the IMF engaged in talks it had the insurance of an IMF program within reach but without paying the fee.” IMF Options A so-called Flexible Credit Line is a type of IMF assistance with no conditions. The FLC is reserved for countries “with very strong fundamentals, policies, and track records of policy implementation,” the IMF said on its website. Poland, Mexico and Colombia have such agreements. The Precautionary Credit Line is the IMF’s latest facility, introduced in August of last year, which is for “countries with sound fundamentals and policies, and a track record of implementing such policies.” While countries eligible may not meet the criteria of the FLC given some “moderate vulnerabilities,” these don’t require the same “large- scale policy adjustments” as traditional stand-by loans, according to the IMF. http://www.businessweek.com/news/2011-11-18/hungary-wants-imf-safety-net-without-conditions-orban-says.html

:D kumin szerint a világ...

"A helyzet megvilágítására egy régi, szakállas zsidó vicc. A katolikus templom lépcsőjén ül egy kaftános koldus, nagy pajesszal. A misére menők nem adnak neki adományt, sőt, tüntetőleg a másik oldalon ülő kereszténynek látszó koldus kalapjába szórnak nagy címletű bankókat. Egy jótét lélek odamegy a kaftános koldushoz, hogy felvilágosítsa. - Miért nem megy inkább a zsinagóga elé kéregetni? Ott talán kapna is valamit... Mire a koldus felnevet és átszól a "kollégának": - Hallod Kohn, ezek akarnak minket üzletre oktatni!"