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standby
(redirected from Standby agreement)

   Also found in: Dictionary/thesaurus, Medical, Financial, Wikipedia 0.01 sec.
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The delegation of IMF was scheduled to hold talks with Pakistani officials under a Standby Agreement and supposed to participate in several meetings to review Pakistans economic situation.
The delegation of IMF was scheduled to hold talks with Pakistani officials under a Standby Agreement and supposed to participate in several meetings to review Pakistan's economic situation.
In a statement, John Lipsky, IMF first deputy managing director and acting chair, said the situation had worsened since the standby agreement was reached, and additional reforms would be necessary for Romania to weather the economic storm.
 
 
 
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