Which of the following IMF facilities essentially acts as bridging loans provided to member states while the IMF deliberates about whether to provide other funds to the particular member state?

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The Standby Arrangement essentially acts as bridging loans provided to member states while the IMF deliberates about whether to provide other funds to the particular member state. The Concessional IMF Facility provides loans to low-income countries at concessional interest rates. The reserve tranche is a portion of a member's quota that can be accessed if necessary to address balance of payments difficulties, but it is not a financing facility. The credit tranche refers to the different stages of disbursement of funds under a Standby Arrangement, rather than being a separate facility.

Which of the Following IMF Facilities Essentially Acts as Bridging