In 1991, because of its balance of payments difficulties, Comoros became eligible for the IDA's Special Program of Assistance for debt-distressed countries of sub-Saharan Africa.
Balance of payments difficulties followed in Italy in 1963, France in 1964-5 and Germany in 965-6.
The main elements are the surveillance and monitoring of economic and financial stability, and provision of multilateral finance to countries with balance of payments difficulties.
For similar reasons, not much weight can be given to the argument that balance of payments difficulties arose from persistent excess absorption (i.e. too high a level of demand) in the economy [Matthews et al.,1982].
On Wednesday, Pakistan joined Iceland, Hungary, Serbia and Ukraine and requested aid from the International Monetary Fund in dealing with severe balance of payments difficulties.
As a result of the limited increase in exports most governments will continue to experience serious balance of payments difficulties, although in some countries sometimes offset by earnings from minerals such as oil and diamonds.
This decline was often caused by US balance of payments difficulties or the mechanics of US budgetary management.
Funds obtained by this method are not limited in their use to balance of payments difficulties.
The UK floated sterling in June 1972, largely because of her own balance of payments difficulties, and most other major economies had followed suit by March 1973.
In each country there are balance of payments difficulties, but quite encouraging growth figures in all three.