Meaning BRADY PLAN
What does BRADY PLAN mean? Here you find 3 meanings of the word BRADY PLAN. You can also add a definition of BRADY PLAN yourself
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BRADY PLANThe Brady Plan was introduced in early 1989 and offers a comprehensive debt restructuring package for commercial bank debt. Under the plan commercial lenders/creditors can chose from a menu of instrum [..]
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BRADY PLANBrady plan is a plan proposed by U.S. Treasury secretary Nicholas Brady in 1989 for lending by the International Monetary Fund, World Bank, and creditor governments. It is a strategy to reduce the amo [..]
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BRADY PLANA debt-reduction policy for less developed countries that entailed the conversion of bank loans into more acceptable assets.
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