The practice by which the International Monetary Fund (IMF) makes its loans conditional on the borrowing country adopting an approved adjustment programme or policy package. Critics claim that the actual conditions are sometimes based more on economic dogmas than on understanding of the borrowing countries' real problems, and in particular that they tend to be too deflationary. Conditionality is justified on the argument that the IMF has limited total resources, and that there is no point in using them in cases when a country's trade or macroeconomic policies make it unlikely that their balance-of-payments problems can be solved even with an IMF loan.

• importables
• import control
• import deposit
• Import Duties Act, 1932
• import duty
• imported inflation
• import levy
• import licence
• import penetration
• import propensity
• import quota
• import restriction
• imports
• import substitution
• import surcharge
• import tariff
• imputation system
• imputed charge for consumption of non-trading capital
• imputed income
• IMRO
• incentive-compatibility
• incentives
• incidence of taxation
• income
• income approach to GDP