Get Articles Of Agreement 9 2011.doc

The article states: “The Parties will consult together whenever, in the opinion of any of them, the territorial integrity, political independence or security of any of the Parties is threatened.” Any member country can formally invoke Article 4 of the North Atlantic Treaty.

Pakistan's most recent IMF bailout marks the 23rd time the country has went to the IMF for a lending commitment.

Long-term debt S. No.Component of Long-term debtDebt (US$ billion) March 20203IMF loans04Export credit7.05Commercial borrowings219.56NRI deposits130.66 more rows

The IMF's largest member is the United States, with a quota (as of April 30, 2016) of SDR 83 billion (about $118 billion), and the smallest member is Tuvalu, with a quota of SDR 2.5 million (about $3.5 million).

The impact of IMF loans has been widely debated. Opponents of the IMF argue that the loans enable member countries to pursue reckless domestic economic policies knowing that, if needed, the IMF will bail them out. This safety net, critics charge, delays needed reforms and creates long-term dependency.

The clause provided that if the IMF ran out of stocks of a country's currency, this could be declared a 'scarce currency', upon which members would be entitled and expected to discriminate against the country's goods in their trade policies.

Each member shall take such action as is necessary in its own territories for the purpose of making effective in terms of its own law the principles set forth in this Article and shall inform the Fund of the detailed action which it has taken.

Articles of agreement were often drawn up in advance of a lease or a conveyance. They set out the conditions that were to be included. They duplicate in many respects the resulting deeds. They also worked as contracts, for example for proposed sales of timber, wood, coal, stone, or other produce.

The IMF's largest member is the United States, with a quota (as of April 30, 2016) of SDR 83 billion (about $118 billion), and the smallest member is Tuvalu, with a quota of SDR 2.5 million (about $3.5 million).