Brisbane Map on The foreign exchange provided by the fund is deposited with the country’s central bank to give balance of payments support. Moreover, the IMF ties its loans to certain policies the country has to follow to solve its problems. Loans are divided into several portions, and the next portion is conditioned on meeting goals for the previous stage. Loans must be repaid and borrowing countries pay interest rates and service charges. The typical interest rate charged on a loan is 4.5 percent. Starting in the mid-1960s, the IMF has provided technical assistance to its member countries. Brisbane Map 2016.
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