• Master Loan Agreements were a lending facility offered through the International Monetary Fund by G-10 countries.
  • The program was created in 1962.
  • G-10 member countries have contributed funds to the IMF for the access of a country in economic distress.
  • Participants agreed to terminate the program at the end of 2018 as it is no longer useful.
  • New borrowing facilities have become the main mechanism for raising funds for IMF loans.