Tag: institution

BUSINESS

IMF Up The Ante In Lending Capacity

The board of governors of the International Monetary Fund (IMF) on Monday gave the approval to increase the institution’s lending capacity by US$650 billion, the last step in approving an initiative to boost aid to the most vulnerable countries. In a statement, IMF head Kristalina Georgieva said the increased limit will help countries struggling to cope with the impact of […]