The IMF should [CONTINUE TO] focus on shortterm economic stabilization, liquidity provision, and securing properly aligned exchange rates. In doing so, the IMF should help to establish stable and sustainable macroeconomic and balance of payments conditions that do not lead to unacceptable social and environmental costs, and that [HELP] promote the objectives of sustainable development.
The IMF should assist countries in getting the [ECONOMIC]
fundamentals
right, including the ecological fundamentals.
[AND WITH THE ASSISTANCE OF THE WORLD BANK AS WELL AS WITH THE
AGREEMENT OF THE COUNTRY AUTHORITIES, HELP MAINTAIN THE
ECOLOGICAL
BALANCE.]
The IMF should ensure [ENCOURAGE] that countries
[DO NOT] are not forced to overexploit natural
resources and especially unique ecological capital, to meet
foreign
exchange requirements and debt payments. Longterm development
and global prosperity depends upon protecting and increasing
these
stocks of natural resources.
IMFinspired tax and revenue, policies and the effects
of IMFsupported adjustment efforts through subsidies,
and pricing policies should be systematically examined to
determine
[MINIMIZE] their effects on the environment and social wellbeing
of adjusted countries.
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