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Dominique Strauss-Kahn: The IMF may run out of anti-crisis funds in six months

de Radu Rizea     HotNews.ro
Luni, 9 februarie 2009, 15:00 English | Regional Europe

The International Monetary Fund may dry up its anti-crisis funds during the following six months, warned the IMF head Dominique Strauss-Kahn, according to Romanian news agency Newsin, quoting The Telegraph. According to the official, the institution needs a fast injection of capital, in order to continue supporting troubled economies.

The current IMF resources are enough to deal with the situation but, because of the economic crisis, the demand for support may be higher than before, explained Strauss-Kahn

The IMF helped a series of countries, including Iceland, Latvia and Pakistan, but the number of countries about to call for help may increase soon. IMF called for donations from the countries with high budgetary excess.

So far, the IMF has provided loans amounting to some 47.9 billion dollars to crisis-affected countries.


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