IMF To Get Funding From Belgium, Slovakia, Malta
February 12 2010 - 4:55PM
Dow Jones News
The International Monetary Fund announced an agreement Friday
for Belgium's central bank to provide up to $6.4 billion to the
fund, along with smaller deals with Malta and Slovakia.
The borrowing agreements make up part of the European Union's
plan to give $178 billion toward the Group of 20 pledge to boost
the fund's coffers by $500 billion to help manage the global
economic crisis.
Slovakia agreed to give the IMF up to $600 million, while the
central bank of Malta is providing up to $165 million, the fund
said in separate statements.
-By Tom Barkley, Dow Jones Newswires; 202-862-9275;
tom.barkley@dowjones.com