The adoption of a new fiscal ways by the customers was the requirement made in exchange for providing funds to heavily indebted people in the late 1900s.
What role did the IMF played in 1980s?
During the debt crisis in 1980s, the International Monetary Fund played a major role as a rescuer for the people affected.
The international banks in the IMF kept heavily indebted customers solvent but one a condition.
In conclusion, the condition was that they had to adopt of a new fiscal ways to have access to the relief funds.
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