Zeev's Turnips Talk Politics (ZTTP)

[budge]

from your link
http://www.uiowa.edu/ifdebook/briefings/docs/imf.shtml

a. Early payback of loans from principal debtor countries

In recent years, due to principal debtor countries opting to repay loans early, a low-credit environment has emerged. There just are not as many countries with outstanding loan balances on which interest needs be paid to the IMF. For instance, in December 2005, Brazil made the largest payment ever by a member country to the IMF when it completely paid off its US$ 15.5 billion debt. The next couple months saw Argentina completely pay off its US$ 9.75 billion debt, and Uruguay pay US$ 630 million – a significant portion of its outstanding debt to the IMF. All of these early and substantial payments have cost the IMF an extraordinary amount of would-be interest payments.

it appears that brazil paid entire debt. the other link suggested that the imf owns the amazon as a result of default. some contradiction there.

but on another note, i'm glad you posted this one. seems the imf is still in shape to do some lending as long as the member nations (all of which are in terrible fiscal shape) are still contributing. this tempers my pessimism a bit. i should keep up with things a bit better.