The IMF assists countries by providing them with financial support to create breathing room as they implement adjustment policies to restore economic stability and growth.
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Excellent IMF clip which looks at the role of the IMF in providing nonconcessional loans to help economies ensure macroeconomic stability, and help them tackle current account deficits and help stabilise their currencies.
It details the way in which the IMF goes about looking at whether to provide such loans or not, and the various forms that they might take. It's a bit technical after a while, but the general outline is spot on.