The IMF is also expected to contribute by providing financing amounting to at least half as much the euro area contribution to each programme. Both the EFSM and EFSF financial assistance will be subject to strong policy conditionality and take place in the context of joint EU-IMF programmes.
Vision document for UCBs The Reserve Bank eventually formulated a draft vision document, placed it in the public domain in March 2005 and finalised it thereafter, with the following objectives: (i)  To rationalize the existing regulatory and supervisory approach keeping in view the heterogeneous character of entities in the sector.