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Article: IMF-supported programs help countries weather the worst of the global crisis.
- Article from:
- UzReport
- Article date:
- September 29, 2009
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TASHKENT, September 29 (UzReport.com): A mix of increased resources, policy flexibility, and more focused conditionality has allowed the International Monetary Fund (IMF) to better support emerging market countries hit by the recent global financial crisis, said an internal IMF review released on 27 September.
In an analysis of 15 countries (Armenia, Belarus, Bosnia & Herzegovina, Costa Rica, El Salvador, Georgia, Guatemala, Hungary, Iceland, Latvia, Mongolia, Pakistan, Romania, Serbia, and Ukraine), 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 ...