History A-Level

IMF loan

What IMF loan means in History A-Level, as defined for AQA.

Definition of IMF loan

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Reference: AQA

Humiliating $3.9 billion (approx £2.3 billion) loan secured by Callaghan in 1976 amid rampant inflation and a sterling crisis, requiring drastic public spending cuts.

AQA · 2S The Making of Modern Britain, 1951–2007 – The end of Post-War Consensus, 1970–1979 (study guide)

Topics that use IMF loan

2S The Making of Modern Britain, 1951–2007 – The end of Post-War Consensus, 1970–1979 (AQA A-Level)

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Using IMF loan in the exam

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