It seems countries borrow like no-tomorrow and demand bailouts with impunity. After examples like Greece, Argentina, Pakistan, Sri-Lanka, now we are hearing France may need IMF bailout. Sometimes the bailouts come from China, sometimes from IMF or ECB (which was the case for Greece).
But I am wondering, as most countries hold gold as a reserve asset, when they seek bailout, do the countries have to give up any gold as part of the negotiation? Or does IMF just lets them keep all the gold so as to not alienate them too much? Or do they usually seek bailout after the gold has already been liquidated, so there is not much to give anymore anyway? Is there any data or reliable report on countries giving up their gold (not entirely voluntarily, but pushed by the circumstances)?
Footnotes
Friend of Dictators?