The bank from which a borrowing country receives its loan depends upon the type of necessity.

A bank in this lending situation must assess the borrowing country's external and internal economic/political health.

A more serious challenge to the institution, whose members comprise 151 countries, has been posed by the collapse of economic development in many borrowing countries.

These notes were shifted from the banks to the bank holding companies in anticipation of the eventual bankruptcy of the borrowing countries.

Only the 26 borrowing countries are able to receive loans.

Thirty six of the association's borrowing countries have graduated from their eligibility for its concessional lending.

Of the association's borrowing countries, approximately 20 are in Asia.

"Only if the borrowing countries adopt strict market reforms which are monitored by the bank and the fund," Burkow shot back.

They say that borrowing countries should be able to repay their loans without difficulty if they use the money wisely.

Administration officials believed that the bank's close relationship with the borrowing countries had made it overly generous in its lending.