IMF stops Vietnam lending program

The International Monetary Fund said on Tuesday 13 April that it has stopped its multi-million dollar lending program to Vietnam after a long-running dispute with the country's central bank over disclosure of its foreign reserves.

In 2001, Vietnam and the IMF agreed to a three-year loan worth $425 million aimed at poverty reduction and economic growth. Between April 2001 and June 2002, the IMF disbursed a total of $182 million in loans.

But, the loans have been held up since late 2002 because o