Published on 12 February 2020

Federal Council adopts dispatch on reform of IMF's New Arrangements to Borrow

Bern, 12.2.2020 - During its meeting on 12 February 2020, the Federal Council adopted the dispatch on the reform of the New Arrangements to Borrow (NAB) of the International Monetary Fund (IMF) and submitted it to Parliament for approval. The NAB form the IMF's financial safety net for crises that could endanger the international monetary and financial system.