What is the loaning criteria of IMF?

The International Monetary Fund (IMF) typically requires member countries seeking loans to meet specific criteria, including demonstrating a commitment to economic reforms and maintaining sound fiscal policies. Borrowers must present a viable program to restore economic stability and growth, often involving measures such as reducing deficits, improving governance, and implementing structural reforms. The loans are usually accompanied by conditions aimed at ensuring the country can repay the loan and achieve long-term economic sustainability. Additionally, the IMF assesses the country's capacity to repay and its overall economic situation.