Austerity measures designed to restore financial solvency

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Which of the following multilateral institutions often insists that a country follow "austerity measures" designed to restore financial solvency as a condition of receiving a loan?

A. The Bank for International Settlements (BIS)

B. The International Monetary Fund (IMF)

C. The International Bank for Reconstruction and Development (World Bank)

D. None of the above

Which of the following multilateral institutions often insists that a country follow "austerity measures" designed to restore financial solvency as a condition of receiving a loan?

A. The Bank for International Settlements (BIS)

B. The International Monetary Fund (IMF)

C. The International Bank for Reconstruction and Development (World Bank)

D. None of the above

Which of the following multilateral institutions often insists that a country follow "austerity measures" designed to restore financial solvency as a condition of receiving a loan?

A. The Bank for International Settlements (BIS)

B. The International Monetary Fund (IMF)

C. The International Bank for Reconstruction and Development (World Bank)

D. None of the above.

Reference no: EM131051646

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