The IMF will open the "flexible line of credit" to help countries in need.

SyuzhetyAntikrizisnye loans MVF24.03.2009Rumyniya agreed with the IMF conditions kreditaMezhdunarodny Monetary Fund (IMF) on Tuesday announced new rules to provide loans to needy countries, reported AFP.

As the head of the IMF Dominique Strauss-Kahn, for member countries the Fund is planned to open a "flexible credit facility." This credit line is not providing any condition after receiving the loan and are not limited to the amount, will be available to member countries to the IMF at any time.

However, Strauss-Kahn stressed, take advantage of "flexible credit line" will be able to only country with a well-managed economies with strong fundamentals and sound economic strategy. "

"Great flexibility in lending, together with improved terms of a loan will help us better meet the needs of the members of the organization, - the head of the IMF, talking about innovation. - What, in turn, will help them better to postpone the crisis and return to sustainable growth .

C the beginning of the global financial crisis, the IMF and World Bank have provided assistance to countries in need of loans for tens of billions of dollars. Loans from the IMF have already received, Pakistan, Ukraine, Iceland and several other states.