IMF agrees to extend Brazil's credit deal

The IMF said on Monday 15 December that it has given Brazil a 15-month extension of its $34 billion loan agreement and will provide $6.6 billion in new funding. The Fund also agreed to Brazil's request for more time to repay about $5.8 billion of loans. These payments will now come due in 2005 and 2006.

Source: Associated Press

Brazil received a 15-month extension of its $34 billion loan agreement with the International Monetary Fund, along with $6.6 billion in new funding, the IMF said Monday

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: