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In page International Monetary Fund:
"IMF conditionality is a set of policies or conditions that the IMF requires in exchange for financial resources.[1] The IMF does require collateral from countries for loans but also requires the government seeking assistance to correct its macroeconomic imbalances in the form of policy reform.[2] If the conditions are not met, the funds are withheld.[1][3] The concept of conditionality was introduced in a 1952 executive board decision and later incorporated into the Articles of Agreement.[citation needed]
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