01590cas a2200229 a 4500 AALejournalIMF011607 230101c9999 xx r poo 0 0eng d 9781616353735 0145-1707 BD-DhAAL BD-DhAAL International Monetary Fund. External Relations Dept. Finance and Development, June 1988. Washington, D.C. : International Monetary Fund, 1988. 1 online resource (56 pages) Finance and Development <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents the views of Michel Camdessus, Managing Director of the IMF, on how the IMF can face new challenges. Camdessus believes that the key responsibility for resolving debt difficulties lies with the indebted countries themselves. They need to be more resolute in adopting and implementing sound macroeconomic policies and bold structural reforms. Camdessus states that the IMF has available USD 12 billion to support adjustment in the low-income countries through the structural adjustment facility and the enhanced structural adjustment facility. Mode of access: Internet Finance and Development; Finance and Development ; No. 0025/002 Full text available on IMF http://elibrary.imf.org/view/journals/022/0025/002/022.0025.issue-002-en.xml IMF e-Library