ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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NEW DELHI-Fretting in IMF Embrace

NEW DELHI Fretting in IMF Embrace B M THE announcement by the Finance Minister, Pranab Mukherjee, that the government had decided to draw in 1983-84 only 1,200 million SDRs, in- stead of the earlier programmed 1,500 million SDRs, from out of the unspent 2,300 million SDRs of the IMF loan under its extended financing facility, came as quite a surprise. Mukherjee made the announcement on his own, and not in response to any query by pressmen. When earlier queries on the drawal of the loan instalments had been made with official of the Finance Ministry

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