IMF relaxes lending conditions for quick fixes

The International Monetary Fund (IMF) has offered to provide no-strings-attached loans in days to select countries facing liquidity problems.

Dominique Strauss-Kahn, the managing director of the IMF, said the loans addressed a gap in the Fund's toolkit for financial support.

"The turmoil has led to significant liquidity difficulties for some emerging-market countries, even those that have maintained sound macroeconomic frameworks and have sustained histories of market access," Strauss-Kahn said.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account