FACTBOX - Global lenders IMF give aid in financial crisis

Fri Nov 21, 2008 6:47am GMT
 
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(Reuters) - Iceland is set to receive financial aid of more than $10 billion (6 billion pounds) from an International Monetary Fund-led package to rebuild its shattered financial system.

Below are details of some of the IMF's lending packages and current funding:

RECENT RESCUE PACKAGES:

* ARMENIA:

-- The IMF approved a three-year, $13.6 million loan programme to support its economy up to 2011. It allows Armenia to withdraw $1.9 million from the fund immediately.

* BELARUS:

-- Belarus is seeking a $2 billion loan in what officials have said was a "precautionary" measure against the impact of the global financial crisis. The IMF has put conditions on the issuance of any loan for Belarus, the country said last week, adding that the demands can be met.

* HUNGARY:

-- The IMF, the EU and World Bank agreed to a $25.1 billion economic rescue package for Hungary in the biggest loan for an emerging market economy since the global crisis began.  Continued...

 
A dealer works on the trading floor shortly after the U.S. markets opened, at CMC Markets in London October 3, 2008. REUTERS/Toby Melville
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