Third Review of Thai Economic Program: IMF Executive Board Releases Further Funds to Support Thailand's Economic Program
IMF Survey › Nbr. 27-12, June 1998 › Summary
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Summary
On June 10, IMF Managing Director Michel Camdessus announced that the IMF Executive Board had completed the 1998 Article IV consultation with Thailand and the third review under Thailand's stand-by credit with the IMF. In completing the review, a further tranche of about $133 million was released under the credit, bringing total disbursements so far to about $2.8 billion.
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Third Review of Thai Economic Program: IMF Executive Board Releases Further Funds to Support Thailand's Economic Program
"There was recognition," Camdessus said, "of the considerable achievements made so f...
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