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I was always under the impression that if the IMF agrees to

I was always under the impression that if the IMF agrees to bailout a country, they do so with the understanding that the country has certain goals it needs to reach. The country goes to the IMF with a clear and concise strategy of how it plans on using the funds to better their economy. After the first bailout, Greece was not able to reach its goals, and they are asking for a second bailout, my personal thoughts are "What did you do with the first?"

Who provides most of the IMF's funding?

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The money problems are monumental in Greece, and they have currently gotten very deep into hot water financially. Greece was far from reaching its goals, and as a result, for the second bailout it has been determined that (at least according to the last reports released) a portion of the money would go immediately into the escrow for creditors involved with Greece. This means that it would still be a ...

Solution Summary

I was always under the impression that if the IMF agrees to bailout a country, they do so with the understanding that the country has certain goals it needs to reach. The country goes to the IMF with a clear and concise strategy of how it plans on using the funds to better their economy. After the first bailout, Greece was not able to reach its goals, and they are asking for a second bailout, my personal thoughts are "What did you do with the first?"

Who provides most of the IMF's funding?

$2.19