IMF powerpoint

IMF powerpoint - The IMF granted loans and helped with...

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    The IMF in the Mobutu  Administration
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    Background Information Was Secretary of  State for National  Defense Took over Zaire in  1965 Overthrown May of  1997 Source: http://en.wikipedia.org/wiki/Image:Colonel_Mobutu.jpg
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    How the IMF helps countries Payment assistance Grants loans Technical assistance Helps plan budget and management of  economy Encourages other countries to give aid Other countries have more confidence in country the IMF is assisting
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    What went wrong in Zaire Mismanagement by the IMF
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Unformatted text preview: The IMF granted loans and helped with technical assistance Zaire when Mobutu was not capable of repaying Political Pressure Pressures from cold war made the United States less likely to deny careless loans What went wrong in Zaire Corruption and Mismanagement Mobutu embezzled money from Zaire to support his lifestyle Country was run inefficiently Source: http://www.flickr.com/photos/9131417@N04/575929287/...
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IMF powerpoint - The IMF granted loans and helped with...

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