Financial Assistance: This refers to monetary support provided by organizations like the IMF to help countries overcome balance-of-payment problems or other financial difficulties.
Policy Advice: It involves recommendations given by institutions like the IMF on fiscal policies (taxation/spending) and monetary policies (interest rates/money supply) that can contribute to stable economic growth.
Economic Crisis: This term describes a severe downturn in an economy characterized by high unemployment rates, inflationary pressures, currency devaluation, and other negative economic indicators.