Hungary and the International Monetary Fund information
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Location of Hungary in Europe
Hungary and the International Monetary Fund are the international relations between Hungary and the International Monetary Fund (IMF). Hungary joined the IMF on May 6, 1982. Since joining, Hungary has requested and been approved to many IMF loans. Its quota as of 2018, is 1,940 million SDR.[1] The country has had eight loan agreements with the IMF in the past, but most recently has received only Stand-by arrangements and currently has no outstanding payments.[2] The most recent Stand-by loan arrangement has been approved in 2008 to avoid a deepening of financial market pressures of the global financial crisis and was repaid ahead of schedule in 2013.[3]
^"Financial Position in the Fund for Hungary as of October 31, 2018". www.imf.org. Retrieved 2018-11-25.
^"Transactions with the Fund, Hungary". www.imf.org. Retrieved 2018-11-26.
^"Press Release: Hungary Repays Early Its Outstanding Obligations to the IMF". IMF. Retrieved 2018-12-11.
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