IMF supported programs help countries weather the worst of the global crisis says internal review
Sep 28th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The IMF said on Monday that a mix of increased resources, policy flexibility, and more focused conditionality has resulted in better support for emerging market countries hit by the recent global financial crisis. In an analysis of 15 countries, Review of Recent Crisis Programs, the IMF said that the Fund-supported programs are delivering the kind of policy response and financing needed to help cushion the blow from the worst crisis since the 1930s.