The International Monetary Fund lends money to countries in need on condition that the borrower follows a mandatory package of reforms that allow for the intensification of free markets.What are these arrangements known as?

Question

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The arrangements that the International Monetary Fund imposes on borrowers in exchange for lending money are known as Structural Adjustment Programmes (SAPs). These programmes typically involve a series of economic and policy reforms aimed at creating more free market-oriented economies.

The International Monetary Fund Lends Money to Countries in Need